§ 28-42-84 - Job development fund – Disbursements – Unexpended balance.
SECTION 28-42-84
§ 28-42-84 Job development fund –Disbursements – Unexpended balance. – (a) The moneys in the job development fund shall be used for the followingpurposes:
(1) To reimburse the department of labor and training for theloss of any federal funds resulting from the collection and maintenance of thefund by the department;
(2) To make refunds of contributions erroneously collectedand deposited in the fund;
(3) To pay any administrative expenses incurred by thedepartment of labor and training associated with the collection of thecontributions for employers paid pursuant to § 28-43-8.5, and any otheradministrative expenses associated with the maintenance of the fund, includingthe payment of all premiums upon bonds required pursuant to § 28-42-85;
(4) To provide for job training, counseling and assessmentservices, and other related activities and services. Services will include, butare not limited to, research, development, coordination, and trainingactivities to promote workforce development and business development asestablished by the human resource investment council;
(5) To support the state's job training for economicdevelopment; and
(6) Beginning January 1, 2001, two hundredths of one percent(0.02%) out of the twenty-one hundredths of one percent (0.21%) job developmentassessment paid pursuant to § 28-43-8.5 shall be used to support necessarycore services in the unemployment insurance and employment services programsoperated by the department of labor and training.
(b) The general treasurer shall pay all vouchers duly drawnby the council upon the fund, in any amounts and in any manner that the councilmay prescribe. Vouchers so drawn upon the fund shall be referred to thecontroller within the department of administration. Upon receipt of thosevouchers, the controller shall immediately record and sign them and shallpromptly transfer those signed vouchers to the general treasurer. Thoseexpenditures shall be used solely for the purposes specified in this sectionand its balance shall not lapse at any time but shall remain continuouslyavailable for expenditures consistent with this section. The general assemblyshall annually appropriate the funds contained in the fund for the use of thehuman resource investment council and, in addition, for the use of thedepartment of labor and training effective July 1, 2000.