Employment Training Fund.

Existing law specifies that moneys in the Employment Training Fund are to be expended only for particular purposes relating to employment training and related administrative costs, but authorizes those moneys to be used for, among other purposes, loans to the General Fund and also authorizes the Legislature to appropriate from the Employment Training Fund an amount specified in the annual Budget Act to fund the local assistance portion of welfare-to-work activities under the CalWORKs program, in accordance with specified provisions. This bill would require that moneys in the Employment Training Fund be appropriated only for specified employment training purposes, and would prohibit the use of those moneys for any other purpose. The bill would require that, on or after January 1, 2011, an amount equal to the amount appropriated to the State Department of Social Services from the Employment Training Fund to fund activities under the CalWORKs program, be transferred back to the fund by the department within 3 years from the date of the appropriation. The bill would further require that, on and after January 1, 2011, any moneys that are loaned to the General Fund from the Employment Training Fund pursuant to those provisions be repaid to the fund within 3 years of the date of the appropriation or loan, with interest as provided.