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JFAC approves accounting correction for Department of Labor after initial UI operations motion fails
Summary
After a failed initial vote on a $7.33 million unemployment-insurance operations request, the committee approved a $4.868 million transfer to correct FY2024 fund balances and accepted related reporting language.
The Joint Finance-Appropriations Committee considered multiple Department of Labor requests and ultimately approved a technical transfer to correct FY2024 fund balances after an initial operations motion failed.
Representative Handy moved a FY2026 appropriation for unemployment-insurance operations of $7,330,000 and $161,001 for IT hardware. That motion failed on roll-call. Committee members debated the Department of Labor’s continued staffing needs, the effect of low unemployment on federal funding eligibility and how interest and employer contributions support UI operations.
Committee discussion then shifted to accounting corrections. The Department of Labor and the Office of the State Controller identified fund-balance adjustments for FY2024 that required legislative approval because they were after the fiscal close and exceeded $500,000. The committee approved a transfer and appropriation of $4,868,000 from the Unemployment Security Administration and Reimbursement Fund to the Employment Security Fund to correct the books. The motion passed on a roll call (18 ayes, 0 nays). The committee also accepted related language requiring a Labor report on positions and fund-balance reconciliation by unanimous consent.
Ending: Committee chairs instructed Labor to work with the State Controller to complete the accounting corrections and to provide the requested reporting to JFAC.
