Regulation 2019/711 - Amendment of Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative - Main contents
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official title
Regulation (EU) 2019/711 of the European Parliament and of the Council of 17 April 2019 amending Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative| Legal instrument | Regulation |
|---|---|
| Number legal act | Regulation 2019/711 |
| Original proposal | COM(2019)55  |
| CELEX number i | 32019R0711 |
| Document | 17-04-2019; Date of signature |
|---|---|
| Publication in Official Journal | 10-05-2019; OJ L 123 p. 1-3 |
| Signature | 17-04-2019 |
| Effect | 11-05-2019; Entry into force Date pub. +1 See Art 2 |
| End of validity | 31-12-9999 |
10.5.2019 |
EN |
Official Journal of the European Union |
L 123/1 |
REGULATION (EU) 2019/711 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 17 April 2019
amending Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 177 thereof,
Having regard to the proposal from the European Commission,
After transmission of the draft legislative act to the national parliaments,
Having regard to the opinion of the European Economic and Social Committee (1),
After consulting the Committee of the Regions,
Acting in accordance with the ordinary legislative procedure (2),
Whereas:
(1) |
Regulation (EU) No 1303/2013 of the European Parliament and of the Council (3) lays down the common and general rules applicable to the European Structural and Investment Funds. |
(2) |
The European Union's general budget for the financial year 2019 (4) amended the total amount of resources for the Youth Employment Initiative (‘YEI’) by increasing commitment appropriations for the specific allocation for the YEI in 2019 by EUR 116,7 million in current prices and increasing the total amount of commitment appropriations for the specific allocation for the YEI for the entire programming period to EUR 4 527 882 072 in current prices. |
(3) |
For 2019, the additional resources of EUR 99 573 877 in 2011 prices are funded by the Global Margin for Commitments within the margin of the multiannual financial framework for the years 2014-2020. |
(4) |
It is appropriate to provide for specific measures to facilitate the implementation of the YEI, due to the advanced stage of implementation of the operational programmes for the 2014-2020 programming period. |
(5) |
Given the urgency of amending the programmes which support the YEI in order to include the additional resources for the specific allocation for the YEI before the end of 2019, this Regulation should enter into force on the day following that of its publication in the Official Journal of the European Union. |
(6) |
Regulation (EU) No 1303/2013 should therefore be amended accordingly, |
HAVE ADOPTED THIS REGULATION:
Article 1
Regulation (EU) No 1303/2013 is amended as follows:
(1) |
in Article 91, paragraph 1 is replaced by the following: ‘1. The resources for economic, social and territorial cohesion available for budgetary commitment for the period 2014 - 2020 shall be EUR 330 081 919 243 in 2011 prices, in accordance with the annual breakdown set out in Annex VI, of which EUR 325 938 694 233 represents the global resources allocated to the ERDF, the ESF and the Cohesion Fund, and EUR 4 143 225 010 represents a specific allocation for the YEI. For the purposes of programming and subsequent inclusion in the budget of the Union, the amount of resources for economic, social and territorial cohesion shall be indexed at 2 % per year.’; |
(2) |
in Article 92, paragraph 5 is replaced by the following: ‘5. Resources for the YEI shall amount to EUR 4 143 225 010 from the specific allocation for the YEI, of which EUR 99 573 877 constitutes the additional resources for 2019. Those resources shall be complemented by ESF targeted investment in accordance with Article 22 of the ESF Regulation. Member States who benefit from the additional resources for the specific allocation for the YEI for 2019 as referred to in the first subparagraph may request the transfer of up to 50 % of the additional resources for the specific allocation for the YEI to the ESF in order to constitute the corresponding ESF targeted investment as required by Article 22 of the ESF Regulation. Such a transfer shall be made... |
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