It is enacted by the General Assembly as follows:

SECTION 1. Sections 28-42-84 and 28-42-88 of the General Laws in Chapter 28-42 entitled "Employment Security - General Provisions" are hereby amended to read as follows:

28-42-84. Job development fund -- Disbursements -- Unexpended balance -- (a) The moneys in the job development fund will be used for the following purposes:

(1) To reimburse the department of labor and training for the loss of any federal funds resulting from the collection and maintenance of the fund by the department;

(2) To make refunds of contributions erroneously collected and deposited in the fund;

(3) To pay any administrative expenses incurred by the department of labor and training associated with the collection of the contributions for employers paid pursuant to section 28-43-8.5, and any other administrative expenses associated with the maintenance of the fund, including the payment of all premiums upon bonds required pursuant to section 28-42-85;

(4) To provide for job training, counseling and assessment services, and other related activities and services. Services include, but are not limited to, research, development, coordination, and training activities to promote workforce development and business development as established by the human resource investment council;

(5) To support the state's job training for economic development; 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 development assessment paid pursuant to section 28-43-8.5 shall be used to support necessary core services in the unemployment insurance and employment services programs operated by the department of labor and training.

(b) The general treasurer shall pay all vouchers drawn by the council upon the fund, in the amounts and in the manner that the council may prescribe. Those vouchers drawn upon the fund shall be referred to the controller within the department of administration. Upon receipt of those vouchers, the controller shall immediately record and sign them and shall promptly transfer those signed vouchers to the general treasurer; provided, that those expenditures are used solely for the purposes specified in this section and its balance shall not lapse at any time but will remain continuously available for expenditures consistent with this section. The general assembly will annually appropriate the funds contained in the fund for the use of the human resource investment council and, in addition, for the use of the department of labor and training beginning effective July 1, 2001 2000.

28-42-88. Employment security reemployment fund -- Disbursements -- Unexpended balance -- (a) The moneys in the employment security reemployment fund shall be used for the following purposes:

(1) To make refunds of contributions erroneously collected and deposited in the fund;

(2) To pay any administrative expenses incurred by the department of labor and training associated with the collection of the contributions for employers paid pursuant to section 28-43-8.6, and any other administrative expenses associated with the maintenance of the fund, including the payment of all premiums upon bonds required pursuant to section 28-42-89; and

(3) To pay any administrative expenses incurred by the department of labor and training to implement and operate a three (3) year pilot research and demonstration rapid reemployment program.

(b) The general treasurer shall pay all vouchers drawn by the director upon the fund, in any amounts and in the manner that the director prescribes. Vouchers so drawn upon the fund shall be referred to the controller within the department of administration. Upon receipt of those vouchers, the controller shall immediately record and sign them and promptly transfer those signed vouchers to the general treasurer. Those expenditures shall be used solely for the purposes specified in this section, and its balance shall not lapse at any time but shall remain continuously available for expenditures consistent with this section. Beginning Effective July 1, 2001 2000 and thereafter, the general assembly shall annually appropriate the funds contained in the fund for the use of the department of labor and training.

SECTION 2. This act shall take effect upon passage.