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HB 265: "An Act relating to terminating the Alaska technical and vocational education program; increasing contributions to the Department of Labor and Workforce Development for the State Training and Employment Program; and providing for an effective date."

00                             HOUSE BILL NO. 265                                                                          
01 "An Act relating to terminating the Alaska technical and vocational education program;                                  
02 increasing contributions to the Department of Labor and Workforce Development for                                       
03 the State Training and Employment Program; and providing for an effective date."                                        
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. AS 23.15.630(a) is amended to read:                                                                   
06            (a)  In the manner provided in AS 23.20, the department shall collect from                                   
07       each employee an amount equal to .26 [ONE-TENTH OF ONE] percent of the wages,                                 
08       as set out in AS 23.20.175, on which the employee is required to make contributions                               
09       under AS 23.20.290(d). The department shall remit to the Department of Revenue, in                                
10       accordance with AS 37.10.050, money collected under this subsection.                                              
11    * Sec. 2. AS 23.15.820, 23.15.830, 23.15.835, 23.15.840, and 23.15.850 are repealed.                           
12    * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section to                          
13 read:                                                                                                                   
14       APPLICABILITY. AS 23.15.630(a), as amended by sec. 1 of this Act, and sec. 2 of                                   
01 this Act apply to contracts entered into on or after the effective date of this Act.                                    
02    * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to                          
03 read:                                                                                                                   
04       TRANSITION. The unencumbered balance of the Alaska technical and vocational                                       
05 education program account under AS 23.15.830, repealed by sec. 2 of this Act, shall be                                  
06 deposited into the general fund. This Act does not affect already encumbered funds in the                               
07 account.                                                                                                                
08    * Sec. 5. This Act takes effect July 1, 2016.