SB137 Summary

• Imposes a 3-year disqualification period for individuals found to have committed fraudulent misrepresentation to obtain unemployment benefits, beginning from the final fraud determination date and continuing until the overpayment is repaid in cash.

• Requires fraudulent overpayments to be paid in cash and treats federal and state income intercepts used to satisfy overpayments as cash payments toward the debt.

• Assesses interest at 2 percent per month on all unpaid fraudulent overpayment balances, with accumulated interest added to the debt balance and deposited in the fraud penalty account.

• Allows the director to pursue all available civil actions to collect fraudulent overpayments and establishes a 6-year statute of limitations for enforcing recovery of any overpayment.

• Becomes effective on the first day of the third month following passage and approval by the Governor.