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General Assembly Committee Bill No.
House of Representatives General Assembly File No.
5607 January Session, 2021 LCO No.
643 January Session, 2021 Substitute House Bill No.
5585 Referred to Committee on APPROPRIATIONS Introduced by:
5607 House of Representatives, May 10, 2021 The Committee on Appropriations reported through REP.
(APP) AN ACT CONCERNING THE USE OF COVID-19 RELIEF FUNDS TO REPLENISH THE UNEMPLOYMENT COMPENSATION TRUST FUND.
WALKER of the 93rd Dist., Chairperson of the Committee on the part of the House, that the substitute bill ought to pass.
AN ACT CONCERNING THE USE OF COVID-19 RELIEF FUNDS TO REPLENISH THE UNEMPLOYMENT COMPENSATION TRUST FUND.
(Effective from passage) The Secretary of the Office of Policy and Management shall deposit ____ dollars, from the undisbursed portion of funds received by the state pursuant to the Coronavirus Aid, Relief, and Economic Security Act, P.L.
(Effective from passage) The Secretary of the Office of Policy and Management shall deposit a portion of the undisbursed funds received by the state pursuant to the Coronavirus Aid, Relief, and Economic Security Act, P.L.
Section 1 from passage New section Statement of Purpose:
Section 1 from passage New section APP Joint Favorable Subst.
To require that a portion of COVID-19 relief funds be deposited into the Unemployment Compensation Trust Fund.
sHB5607 / File No.
LCO No.
643 1 HB5607 File No.
5585 1 of 2 Committee Bill No.
643 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.
5607 that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] Co-Sponsors:
In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.
REP.
Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.
CANDELORA, 86th Dist.;
OFA Fiscal Note State Impact:
REP.
None Municipal Impact:
DEVLIN, 134th Dist.
None Explanation The bill, which requires the Secretary of the Office of Policy and Management to deposit an unspecified amount of federal stimulus funds in the Unemployment Compensation Trust Fund (UCF), does not result in any fiscal impact to the UCF.
REP.
In the absence of any other funding source, the UI Trust Fund would be replenished using borrowed federal dollars.
O'DEA, 125th Dist.;
The Out Years State Impact:
REP.
None Municipal Impact:
PERILLO, 113th Dist.
None HB5607 / File No.
REP.
643 2 HB5607 File No.
REBIMBAS, 70th Dist.;
643 OFA Bill Analysis HB 5607 AN ACT CONCERNING THE USE OF COVID-19 RELIEF FUNDS TO REPLENISH THE UNEMPLOYMENT COMPENSATION TRUST FUND.
REP.
SUMMARY:
ZUPKUS, 89th Dist.
The bill requires the Secretary of the Office of Policy and Management to deposit a portionofundisbursedfederalstimulus funds into the Unemployment Compensation Trust Fund.
REP.
EFFECTIVE DATE:
FISHBEIN, 90th Dist.;
Upon passage COMMITTEE ACTION Appropriations Committee Joint Favorable Substitute Yea 50 Nay 0 (4/21/2021) HB5607 / File No.
REP.
643 3
ZAWISTOWSKI, 61st Dist.
REP.
BOLINSKY, 106th Dist.;
REP.
FRANCE, 42nd Dist.
REP.
KLARIDES-DITRIA, 105th Dist.;
REP.
FERRARO, 117th Dist.
H.B.
5607 LCO No.
5585 2 of 2
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