1997 Minnesota Statutes

     268.022 Workforce investment fund. 

    Subdivision 1.    Determination and collection of special 
 assessment.  (a) In addition to all other contributions, 
 assessments, and payment obligations under chapter 268, each 
 employer, except an employer making payments in lieu of 
 contributions is liable for a special assessment levied at the 
 rate of one-tenth of one percent per year on all taxable wages, 
 as defined in section 268.04, subdivision 25b.  The assessment 
 shall become due and be paid by each employer to the department 
 on the same schedule and in the same manner as other 
 contributions. 

    (b) The special assessment levied under this section shall 
 not affect the computation of any other contributions, 
 assessments, or payment obligations due under this chapter. 

    (c) Notwithstanding any provision to the contrary, if on 
 June 30 of any year the unobligated balance of the special 
 assessment fund under this section is greater than $30,000,000, 
 the special assessment for the following year only shall be 
 levied at a rate of 1/20th of one percent on all taxable wages. 

    Subd. 2.    Disbursement of special assessment funds.  
 (a) The money collected under this section shall be deposited in 
 the state treasury and credited to a dedicated fund to provide 
 for the employment and training programs established under 
 sections 268.975 to 268.98; including vocational guidance, 
 training, placement, and job development. 

    (b) All money in the dedicated fund is appropriated to the 
 commissioner who must act as the fiscal agent for the money and 
 must disburse the money for the purposes of this section, not 
 allowing the money to be used for any other obligation of the 
 state.  All money in the dedicated fund shall be deposited, 
 administered, and disbursed in the same manner and under the 
 same conditions and requirements as are provided by law for the 
 other dedicated funds in the state treasury, except that all 
 interest or net income resulting from the investment or deposit 
 of money in the fund shall accrue to the fund for the purposes 
 of the fund. 

    (c) No more than five percent of the dedicated funds 
 collected in each fiscal year may be used by the department of 
 economic security for its administrative costs. 

    (d) Reimbursement for costs related to collection of the 
 special assessment shall be in an amount negotiated between the 
 commissioner and the United States Department of Labor. 

    (e) The dedicated funds, less amounts under paragraphs (c) 
 and (d) shall be allocated as follows:  

    (1) 40 percent to be allocated annually to substate 
 grantees for provision of expeditious response activities under 
 section 268.9771 and worker adjustment services under section 
 268.9781; and 

    (2) 60 percent to be allocated to activities and programs 
 authorized under sections 268.975 to 268.98. 

    (f) Any funds not allocated, obligated, or expended in a 
 fiscal year shall be available for allocation, obligation, and 
 expenditure in the following fiscal year. 

    HIST: 1990 c 568 art 6 s 1,4; 1990 c 612 s 17; 1991 c 292 art 
 3 s 33,41; 1993 c 369 s 78,79; 1994 c 483 s 1; 1997 c 66 s 2