senate Bill S4954

2013-2014 Legislative Session

Relates to expenditures from the unemployment trust fund

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to labor
May 01, 2013 referred to labor

S4954 - Bill Details

See Assembly Version of this Bill:
A7152
Current Committee:
Law Section:
Labor Law
Laws Affected:
Amd §550, Lab L

S4954 - Bill Texts

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Relates to expenditures from the unemployment trust fund.

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BILL NUMBER:S4954

TITLE OF BILL: An act to amend the labor law, in relation to
expenditures from the unemployment trust fund

Purpose of the Bill: This bill would permit monies from the
Unemployment Insurance Trust Fund ("Trust Fund") to be used for any
program authorized by federal law or rule.

Summary of Provisions:

Section 1 of the bill amends Labor Law § 5.50 to provide that monies
from the Trust Fund can be used for any program authorized by federal
law or rule.

Section 2 of the bill provides that the bill would become effective
immediately.

Existing Law: Labor Law § 550 (3) provides that Trust Fund monies
"shall be used solely to pay benefits."

Prior Legislative History: This is a new bill.

Statement in Support: This bill would permit New York to participate
in programs established by the federal government that permit the use
of funds from the Trust Fund to assist unemployed workers in staying
connected to the workplace. New York has been unable to apply for the
on-the-job training program set forth in the Middle Class Tax Relief
and Job Creation Act of 2012, because New York is required to have a
law in place that would permit a more flexible use of Trust Fund
monies than New York law currently provides. The passage of this bill
will ensure that New York remains an innovator in the programs it
offers its unemployed workers

Fiscal Implications:

None.

Effective Date: This bill would take effect immediately.

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                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4954

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 1, 2013
                               ___________

Introduced  by Sen. SAVINO -- (at request of the Department of Labor) --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Labor

AN  ACT  to  amend  the  labor law, in relation to expenditures from the
  unemployment trust fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision 3 of section 550 of the labor law, as amended
by chapter 888 of the laws of 1956, is amended to read as follows:
  3. Fund sole source of benefits. The fund  shall  be  administered  in
trust  and  shall be used solely to pay benefits, [except that] PROVIDED
HOWEVER THAT FUNDS MAY BE USED TO PAY  FOR  ANY  PROGRAM  AUTHORIZED  BY
FEDERAL  LAW  OR  RULE  AND subject to the limitations therein contained
moneys credited to this fund pursuant to section nine hundred  three  of
the  federal  social security act may upon an appropriation duly made by
the legislature be used  for  the  administration  of  the  unemployment
insurance  law  and shall for such purpose and to the extent required be
transferred to the administration fund established under  this  article.
All  payments  shall  be  made  upon  vouchers  drawn on the fund by the
commissioner in accordance with procedures established by him. The  fund
shall be the sole and exclusive source for the payment of benefits which
shall be due and payable only to the extent that contributions and other
payments  to  the  fund  with increments thereon, actually collected and
credited to the fund and not otherwise appropriated  or  allocated,  are
available therefor.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09007-01-3

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