DE SB127

Replaces the flat $17.25 penalty for employers failing to file required unemployment insurance reports with a penalty of 15% of total contributions paid or payable by the employer.

Sets minimum penalty of $100 if 15% of contributions is less than $100 and maximum penalty of $450 if 15% of contributions exceeds $450.

Applies these penalties in addition to any other penalties already provided under unemployment compensation law.

Adjusts the penalty amount for the first time in over 25 years to account for inflation.

Required reports are used to calculate unemployment tax assessments that fund Delaware's Unemployment Trust Fund.