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CT HB05612

Bill

Official Source

Status

Introduced

1/20/2015

Primary Sponsor

Prasad Srinivasan

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Origin

House of Representatives

2015 General Assembly

AI Summary

  • Eliminates employer requirements to contribute funds toward interest payments on advances from the federal unemployment account under Title XII of the Social Security Act (42 U.S. Code Sections 1321 to 1324).

  • Removes special assessments currently imposed on businesses to cover interest accrued on federal unemployment account advances.

  • Intended to provide monetary relief to state businesses by eliminating these employer assessment obligations.

  • Referred to Committee on Labor and Public Employees during the January 2015 session.

Legislative Description

An Act Eliminating Assessments Paid By Employers To Satisfy The Interest Due On Advances From The Federal Unemployment Account.

Last Action

Public Hearing 02/24

2/17/2015

Committee Referrals

Labor and Public Employees1/20/2015

Full Bill Text

No bill text available