New Jersey § 34:15d-9

§ 34:15d-9.

a. A restricted, nonlapsing, revolving Workforce Development Partnership Fund, to

be managed and invested by the State Treasurer, is hereby established to: provide

employment and training services to qualified displaced, disadvantaged and employed

workers by means of training grants or customized training services; provide for

the other costs indicated in subsection a. of section 4 of P.L.1992, c. 43 ( C.34:15D-4 ); provide for the New Jersey Innovation and Research Fellowship Program as provided

for in section 3 of P.L.2015, c. 235 ( C.34:15D-26 ); provide for the Talent Network Program as provided for in section 2 of P.L.2019, c. 125 ( C.34:15D-29 ); and facilitate the provision of education and training to youth by means of grants

provided by the Youth Transitions to Work Partnership pursuant to the provisions of P.L.1993, c. 268 ( C.34:15E-1 et al.). All appropriations to the fund, all interest accumulated on balances in the fund

and all cash received for the fund from any other source shall be used solely for

the purposes specifically delineated by this act. b. During any fiscal year beginning after June 30, 2001, of the total revenues dedicated

to the program during any one fiscal year: (1) 25% shall be deposited in an account of the Workforce Development Partnership Fund

reserved to provide employment and training services for qualified displaced workers,

and through fiscal year 2023, not less than 10% of the revenues deposited in that

account shall be reserved to provide employment and training services to qualified

displaced workers in the pursuit of industry-valued credentials under the pilot program

established pursuant to P.L.2019, c. 252 ( C.34:15D-30 et al.); and during any fiscal year beginning after June 30, 2019, 0.5% shall be

deposited in an account of the Workforce Development Partnership Fund reserved for

an appropriated to the Department of Labor and Workforce Development for the Apprenticeship

Start-Up Grant Program created pursuant to section 3 of P.L.2019, c. 417 ( C.34:15D-6.1 ); (2) 6% shall be deposited in an account of the Workforce Development Partnership Fund

reserved to provide employment and training services for qualified disadvantaged workers,

and through fiscal year 2023, not less than 10% of the revenues deposited in that

account shall be reserved to provide employment and training services to qualified

disadvantaged workers in the pursuit of industry-valued credentials under the pilot

program established pursuant to P.L.2019, c. 252 ( C.34:15D-30 et al.); (3) 37% prior to July 1, 2022, and 35% after June 30, 2022 shall be deposited in an account of the Workforce Development Partnership Fund reserved

for and appropriated to the Office of Customized Training; (4) 5% prior to July 1, 2022, and 7% after June 30, 2022 shall be deposited in an account of the Workforce Development Partnership Fund reserved

for the Youth Transitions to Work Partnership created pursuant to P.L.1993, c. 268 ( C.34:15E-1 et seq. ); (5) 3% shall be deposited in an account of the Workforce Development Partnership Fund

reserved for occupational safety and health training; (6) 5% shall be deposited in an account of the Workforce Development Partnership Fund

reserved for and appropriated to the Talent Network Program established pursuant to

section 2 of P.L.2019, c. 125 ( C.34:15D-29 ); (7) 3% shall be deposited in an account of the Workforce Development Partnership Fund

reserved for the New Jersey Innovation and Research Fellowship Program established

pursuant to section 3 of P.L.2015, c. 235 ( C.34:15D-26 ); (8) 10% shall be deposited in an account of the Workforce Development Partnership Fund

reserved for administrative costs as defined in section 3 of P.L.1992, c. 43 ( C.34:15D-3 ); (9) 0.5% shall be deposited in an account of the Workforce Development Partnership Fund

reserved for the State Employment and Training Commission to design criteria and conduct

an annual evaluation of the program; and (10) 5% shall be deposited in an account of the Workforce Development Partnership Fund

to be used, at the discretion of the commissioner, for any of the purposes indicated

in subsection a. of section 4 of P.L.1992, c. 43 ( C.34:15D-4 ). c. Beginning January 1, 1995, through June 30, 2002, the balance in the fund as of

the previous December 31, as determined in accordance with generally accepted accounting

principles, shall not exceed 1.5 times the amount of contributions deposited for the

calendar year then ended. If the balance exceeds this amount, the excess shall be deposited into the unemployment

compensation fund within seven business days of the date that the determination is

made. d. Beginning July 1, 2002, and for any subsequent fiscal year, if the unexpended cash

balance in any of the accounts indicated in subsection b. of this section, except

for the account reserved for the Talent Network Program, less any amount awarded in

grants but not yet disbursed from the account, is determined to exceed 20% of the

amount of contributions collected for deposit in the account pursuant to this subsection

during the fiscal year then ended, the excess shall be regarded as an unemployment

compensation contribution and deposited into the unemployment compensation fund within

seven business days of the date that the determination is made. If the unexpended cash balance in the account reserved for the Talent Network Program,

less any amount awarded in grants but not yet disbursed from the account, is determined

to exceed 20% of the amount of contributions collected for deposit in the account

pursuant to this subsection during the fiscal year then ended, the excess shall be

deposited into the Workforce Development Partnership Fund account reserved for the

Office of Customized Training. e. $250,000 shall be allocated to the Apprentice Assistance and Support Services Pilot

Program established pursuant to section 1 of P.L.2019, c. 419 ( C.34:15D-6.2 ) from the $29,690,000 which was appropriated pursuant to the annual appropriations

act for State fiscal year 2019 from the Workforce Development Partnership Fund for

the purpose of funding Work First New Jersey Work Activities and Work First New Jersey-Training

Related Expenses, and, $1,100,000 shall be allocated to the pilot program in each

of fiscal years 2020, 2021, 2022, 2023, and 2024 from the amounts appropriated pursuant

to the annual appropriations act in those fiscal years from the Workforce Development

Partnership Fund for the purpose of funding Work First New Jersey Work Activities

and Work First New Jersey-Training Related Expenses. Of the funds allocated to the pilot program pursuant to this subsection, 90% shall

be dedicated to the Child Care Stipend program and 10% to transportation reimbursement. f. Upon the effective date of P.L.2022, c. 89 ( C.34:15E-6 et al.) 1 and notwithstanding the provisions of any law or regulation to the contrary, in addition

to the amount deposited in an account of the Workforce Development Partnership Fund

reserved for the Youth Transitions to Work Partnership pursuant to subsection b. of

this section, $1,000,000 shall be allocated to the Youth Transitions to Work Partnership

from the $22,500,000 which was appropriated pursuant to the annual appropriations

act for State fiscal year 2022 from the Workforce Development Partnership Fund for

the purpose of funding the NJ Apprenticeship Network, the Career Accelerator Internship

Program, the Workforce Development Policy and Evaluation Lab, the NJ Career Network,

and such other priority workforce initiatives recommended by the Commissioner of Labor

and Workforce Development. 1

L.2022, c. 89, eff. Aug. 5, 2022.