HB 314

As introduced: - Requires employers with 100 or more employees that reduced their workforce by at least 10 while deploying automation technology to annually report the number of employees, automation technologies used, and the number of displaced workers. - Requires employers to pay $900 for each displaced employee and requires the fee to be annually adjusted for inflation. - Permits the reduction of the displacement fee by 50% for employees provided 12 weeks of severance pay, offered retraining or redeployment opportunities, or placed with another employer that has fewer than 50 employees in the state. - Establishes penalties for failures to provide a report. - Creates the Displaced Employee Retraining Fund to support training, job placement and service programs. - Requires the Secretary to report to the Governor the information contained in employer reports along with policy recommendations.