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HI HB2264

Bill

Official Source

Status

Passed

7/10/2012

Primary Sponsor

Karl Rhoads

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Increases employer contribution rates to the state unemployment compensation fund effective January 1, 2013
  • Raises maximum unemployment insurance contribution rates to 6.6 percent for certain employers
  • Aims to restore the unemployment insurance trust fund balance to adequate levels following the recent prolonged economic downturn
  • Addresses the precariously low unemployment insurance trust fund balance caused by economic conditions
  • Supported by the Department of Labor and Industrial Relations

Legislative Description

Employment Security; Unemployment Insurance Contribution Rate Schedule; Unemployment Compensation Fund

Last Action

(S) Act 263, 7/6/2012 (Gov. Msg. No. 1366).

7/10/2012

Committee Referrals

Judiciary and Labor3/8/2012
Finance2/6/2012
Labor & Public Employment1/23/2012

Full Bill Text

No bill text available