Here’s the Deal!
The deal is as follows…
- A one-year delay in the increase in the unemployment insurance tax.
- Flexibility for schools to transfer money from their capital budgets to operational budgets.
- Giving the Department of Labor the authority to create better rules on worker classification to draw better distinctions between full-time employees and independent contractors.
- Instruct the state’s Public Employee Retirement Funds and Teacher Retirement Funds to merge fund management operations, to achieve efficiencies and savings. There would still be two boards, but one executive director.
- Eliminates the creation of the Warrick County Sales Tax Increment Financing District in order to pay for a museum and aquarium.
This is basically the deal that was reached last week, with the exception of the worker classification and sales tax financing district.
Sine Die!