Enrolled Bill Summary

House Bill 939	House Author:  Davis, John
Effective:  9-1-13	Senate Sponsor:  Hancock

            House Bill 939 requires that 15 percent of the amount in the employment and training investment holding fund and 15 percent of the amount in the training stabilization fund be transferred to the Texas Workforce Commission (TWC) to be used for one-time expenses related to workforce development or the administration of the Texas Unemployment Compensation Act. The bill requires TWC to transfer 15 percent of the total amount transferred from the funds to the Texas Veterans Commission to be used to fund employment programs for veterans.