An Act to increase contributions to the Workforce Competitiveness Trust Fund

This bill requires employers in Massachusetts to pay additional fees into the Workforce Competitiveness Trust Fund, which supports workforce training programs. The new contributions are calculated based on the number of employees an employer has, with rates increasing as the workforce grows, ranging from 0.028 percent to 0.056 percent of eligible wages. Money collected through these fees remains in the trust fund and cannot be returned to the state's general budget. The legislation also mandates that the state labor commissioner submit annual reports detailing how much money was collected and how many employers and employees contributed.