1997 Regular Session

SENATE BILL 588

File Code: Unemployment Insurance
Sponsored By:
Senator Bromwell
Entitled:
Unemployment Insurance - Employer Contribution Rates

Synopsis:

Altering the ratio between the balance in the Unemployment Insurance Fund and the State total taxable wages at which certain increases and decreases are made to employer Unemployment Insurance Fund contribution rates; and altering the schedule of basic rate adjustments by changing the ratios at which the basic Unemployment Insurance Fund contribution rates apply to between 5.6% and 6.3%, with increases to the basic rate to apply when the ratio is lower than 5.6% and decreases if it is higher than 6.3%.

Legislative History

Senate Action
1/31
First Reading Finance
2/4
Hearing 3/4 at 1:00 p.m.
House Action
No Action
Bill indexed under the following Subject:
UNEMPLOYMENT
Bill affects the following Statute:
Labor and Employment
( 8-612 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)