WV HB4642 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 22 2016 - 25% progression, died in committee
Action: 2016-02-22 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to authorize borrowing from the Revenue Shortfall Reserve Fund for the Unemployment Compensation Fund for up to 180 days in an amount not to exceed $50 million when the balance of the Unemployment Compensation Fund is to be less than $50 million at any time over a 30-day period.

Tracking Information

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Title

Maintaining the solvency of the Unemployment Compensation Fund

Sponsors


History

DateChamberAction
2016-02-22HouseTo House Finance
2016-02-22HouseIntroduced in House
2016-02-22HouseTo Finance
2016-02-22HouseFiled for introduction

Same As/Similar To

SB558 (Similar To) 2016-05-13 - Chapter 248, Acts, Regular Session, 2016

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
21A810Amended CodeCitation Text
21A816Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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