Amendment ID: S35-4

Amendment 4

Authorizing use of federal stimulus funds for the UI trust fund

Messrs. Tarr and O'Connor move that the proposed new text be amended by inserting after section _ the following new section:-

SECTION XX. Notwithstanding any general or special law to the contrary, federal funding made available from the American Recovery Act, PL 111-5, or other federal assistance programs resulting from the COVID-19 pandemic, may be deposited in the Unemployment Trust Fund for the purposes of increasing the solvency of the fund and reducing the amounts borrowed pursuant to section 2 of this act, and any corresponding employer assessments pursuant to Chapter 151A of the General Laws.