House File 2327 H-8179 Amend House File 2327 as follows: 1 1. Page 6, line 27, by striking < may > and inserting < shall > 2 2. Page 8, after line 23 by inserting: 3 < DIVISION ___ 4 UNEMPLOYMENT COMPENSATION RESERVE FUND —— TRANSFER TO 5 UNEMPLOYMENT TRUST FUND 6 Sec. ___. 2024 Iowa Acts, chapter 1162, section 21, is 7 amended to read as follows: 8 SEC. 21. UNEMPLOYMENT COMPENSATION RESERVE FUND —— TRANSFER 9 TO WORKFORCE OPPORTUNITY UNEMPLOYMENT TRUST FUND. 10 1. Any moneys appropriated to the department of workforce 11 development for purposes of present in the unemployment 12 compensation reserve fund established pursuant to section 13 96.9 , Code 2024, that remain unencumbered or unobligated as of 14 July 1, 2024 2026 , but not more than thirty million dollars, 15 shall be deposited in the workforce opportunity fund created 16 in section 84A.20 , if enacted by this division of this Act 17 transferred to the account of this state in the unemployment 18 trust fund, established and maintained pursuant to section 19 904 of the federal Social Security Act as amended; provided, 20 however, that any interest earned on moneys in the unemployment 21 compensation reserve fund shall be transferred to the special 22 employment security contingency fund established pursuant to 23 section 96.13, subsection 3 . 24 2. Any moneys remaining in the unemployment compensation 25 reserve fund after the deposit described in subsection 1 shall 26 be transferred to the account of this state in the unemployment 27 trust fund; provided, however, that any interest earned on 28 moneys remaining in the unemployment compensation reserve 29 fund after the deposit described in subsection 1 shall be 30 transferred to the special employment security contingency 31 fund. > 32 3. By renumbering as necessary. 33 -1- HF 2327.3297 (1) 91 (amending this HF 2327 to CONFORM to SF 2168) je/js 1/ 2 #1. #2.