Committee considers removing volatile solvency formula, extends workforce fund spending window
Assembly Bill 21 would repeal a 10-year statutory solvency formula DETR says is too volatile and extend the Career Enhancement Program’s obligation window from 90 to 180 days.
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CARSON CITY — Lawmakers heard Assembly Bill 21 on proposals to change how Nevada gauges unemployment trust fund solvency and to give the unemployment-related Career Enhancement Program (CEP) more time to obligate workforce dollars.
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