SB 691
Modifies provisions relating to automation adjustments paid by employers subject to the unemployment compensation laws
LR Number:
Last Action:
2/25/2020 - SCS Voted Do Pass S Economic Development Committee (4081S.02C)
Journal Page:
Calendar Position:
Effective Date:
January 1, 2021

Current Bill Summary

SCS/SB 691 - 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, 2021.

This act is identical to a provision in SCS/HB 1559 (2020) and substantially similar to HB 2072 (2020), SB 161 (2019), HB 375 (2019), and a provision in SCS/HB 332 (2019).



No Amendments Found.