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JFAC debate on unemployment funding stalls; committee later approves accounting corrections
Summary
A proposal to add $7.33 million in dedicated funding for unemployment insurance operations failed a committee roll call Friday, but the Joint Finance-Appropriations Committee later approved accounting corrections that realigned $4,868,000 between unemployment funds to correct FY2024 balances.
A proposal to add $7.33 million in dedicated funding for unemployment insurance operations and $161,000 for IT hardware drew debate and failed a committee roll call on Friday. Lawmakers then returned to Department of Labor matters later in the hearing and approved a set of accounting corrections to realign fund balances.
Representative Tim Handy moved the initial unemployment-insurance operations motion, which would have added $7,330,000 from dedicated funds for operations and $161,000 from federal funds for IT hardware. Members discussed the department’s workload, staff levels and the effects of unemployment fluctuations on federal contributions and the department’s use of interest income in the unemployment-security administration account. At the first vote the motion did not receive enough support.
After the failed…
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