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HI HB635

Bill

Official Source

Status

Introduced

1/25/2021

Primary Sponsor

Gene Ward

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

HB 635 Summary

  • Amends Section 383-68, Hawaii Revised Statutes to modify unemployment insurance contribution rate schedules based on reserve fund ratios.

  • Applies contribution rate schedule D for calendar years 2021 through 2023, regardless of the current reserve fund to adequate reserve fund ratio.

  • Removes previous provisions that applied contribution rate schedule D for calendar year 2010 and schedule F for calendar years 2011 and 2012.

  • Effective upon approval.

Legislative Description

Relating To Taxation.

Employment Security

Last Action

Referred to LAT, CPC, FIN, referral sheet 1

1/27/2021

Committee Referrals

Labor & Tourism1/27/2021

Full Bill Text

No bill text available