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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) There is established as a nonlapsing fund the District of Columbia Jobs Trust Fund (“Fund”), which shall be administered by the Department of Employment Services. The funds in the Fund shall be used solely for the purpose of establishing and operating the workforce intermediary pilot program, established in § 2-219.04b, or any succeeding program. The following shall be deposited into the Fund:
(1) Voluntary and negotiated contributions and donations, including past contributions for similar purposes that have yet to be collected or expended; and
(2) All outstanding monetary fines for breach of this part.
(b) Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 2-219. c. Establishment of the District of Columbia Jobs Trust Fund. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-2-219-04c/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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