2014 Rhode Island General Laws
Title 28 - Labor and Labor Relations
Chapter 28-42 - Employment Security – General Provisions
Section 28-42-83 - Job development fund – Establishment – Sources. [Effective until February 1, 2015.].

§ 28-42-83 Job development fund – Establishment – Sources. [Effective until February 1, 2015.]. – (a)(1) There is created as a restricted receipt account within the general fund called the job development fund, to be administered by the human resource investment council, without liability on the part of the state beyond the amounts paid into and earned by the fund. This fund shall consist of:

(i) All payments received from employers and paid pursuant to § 28-43-8.5;

(ii) All other moneys paid into and received by the fund;

(iii) Property and securities acquired by and through the use of moneys belonging to the fund; and

(iv) Interest earned upon moneys belonging to the fund.

(2) All moneys in the job development fund shall be mingled and undivided.

(b) All moneys received by the director for the job development fund shall, upon receipt, be deposited by the director in a clearance account in a bank in this state.

History of Section.
(P.L. 1988, ch. 240, § 1; P.L. 1992, ch. 133, art. 68, § 1; P.L. 1993, ch. 296, § 1; P.L. 2000, ch. 55, art. 21, § 6.)

§ 28-42-83 Job development fund – Establishment – Sources. [Effective February 1, 2015.]. – (a)(1) There is created as a restricted receipt account within the general fund called the job development fund, to be administered by the governor's workforce board Rhode Island (workforce board), without liability on the part of the state beyond the amounts paid into and earned by the fund. This fund shall consist of:

(i) All payments received from employers and paid pursuant to § 28-43-8.5;

(ii) All other moneys paid into and received by the fund;

(iii) Property and securities acquired by, and through the use of, moneys belonging to the fund; and

(iv) Interest earned upon moneys belonging to the fund.

(2) All moneys in the job development fund shall be mingled and undivided.

(b) All moneys received by the director for the job development fund shall, upon receipt, be deposited by the director in a clearance account in a bank in this state.

History of Section.
(P.L. 1988, ch. 240, § 1; P.L. 1992, ch. 133, art. 68, § 1; P.L. 1993, ch. 296, § 1; P.L. 2000, ch. 55, art. 21, § 6; P.L. 2014, ch. 500, § 1; P.L. 2014, ch. 551, § 1.)