SB 161
Modifies provisions relating to automation adjustments paid by employers subject to the unemployment compensation laws
Sponsor:
LR Number:
0869S.01I
Last Action:
5/17/2019 - Formal Calendar S Bills for Perfection--SB 161-Cunningham
Journal Page:
Title:
Calendar Position:
9
Effective Date:
January 1, 2020

Current Bill Summary

SB 161 - This act provides that any employer required to make contributions under the unemployment compensation laws shall pay an annual unemployment automation adjustment equal to .015% of its total taxable wages for the twelve-month period ending the preceding June 30th. The Division of Employment Security is permitted to lower this rate under certain circumstances.

This act has a delayed effective date of January 1, 2020.

This act is substantially similar to HB 375 (2019) and a provision in SCS/HB 332 (2019).

SCOTT SVAGERA

Amendments

No Amendments Found.