AN ACT TO AMEND SECTION 71-5-353, MISSISSIPPI CODE OF 1972, TO STIPULATE THAT CERTAIN CONTRIBUTIONS TO THE WORKFORCE ENHANCEMENT TRAINING FUND SHALL BE SUSPENDED IF THE INSURED UNEMPLOYMENT RATE EXCEEDS AN AVERAGE OF FIVE AND FIVE-TENTHS PERCENT FOR THE THREE CONSECUTIVE MONTHS ENDING ON SEPTEMBER 30TH OF THE CALENDAR YEAR PRECEDING THE NEW RATE YEAR; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 71-5-353
As Passed by the Senate: 71-5-353