SB 183
Modifies definition of "wages" under employment security law to exclude termination and severance pay
Sponsor:
LR Number:
0839S.01I
Last Action:
4/19/2021 - Informal Calendar S Bills for Perfection
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 183 - This act modifies the definition of wages for purposes of employment security law to include termination pay and severance pay. The total amount of wages derived from severance pay, if paid to an insured in a lump sum, shall be pro-rated on a weekly basis at the rate of pay received by the insured at the time of termination for the purposes of determining unemployment eligibility.

This act is identical to SB 680 (2020), provisions in SCS/HB 1559 (2020), HB 1921 (2020), SCS/HB 332 (2019), HB 217 (2019), SB 869 (2018), HB 1409 (2018), SCS/SB 189 (2017), HB 288 (2017), HB 150 (2015), which was vetoed by the Governor, and SB 220 (2015).

SCOTT SVAGERA

Amendments

No Amendments Found.