HB 24-1410

House Bill 24-1410 moves the Just Transition Office from its current location within a specific division of the Department of Labor and Employment to a higher level, under the executive director of the department. The bill also extends the deadline for spending money in the Just Transition Cash Fund until 2029-2030 and updates what kinds of programs can receive funding from this fund. This change affects how resources are allocated to support workers transitioning out of declining industries. Since the governor signed it, the bill is now law and effective as of May 31, 2024.

Official Summary

The act relocates the just transition office (office) from the division of employment and training in the department of labor and employment to the office of the executive director of the department of labor and employment. The act changes the deadline for the office to expend money in the just transition cash fund (fund) from state fiscal year 2023-24 to state fiscal year 2029-30. The act modifies the types of programs that the office supports using money from the fund. APPROVED by Governor May 31, 2024 EFFECTIVE May 31, 2024(Note: This summary applies to this bill as enacted.)

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