Impact Analysis

Mr. Tarr moved that the bill be amended by inserting after section _ the following new section:-

“SECTION 18. Notwithstanding any general or special law to the contrary, the commissioner or director of the department of unemployment assistance shall issue a report on the unemployment trust fund. Said report shall include, but not be limited to, the balance in the fund in each of the past 12 months and a projection of both the future balances in the fund for each of the next 12 months after the enactment of this legislation and the future balance projections without the enactment of this legislation, and the assumptions used to generate said projections. Said report shall be made available on the website of the department and submitted to the clerks of the house of representatives and the senate and to the joint committee on labor and workforce development not later than April 15, 2014.”