House Bill 450 Summary

• Freezes the base tax rate for calendar years 2022 and 2023 to equal the base tax rate calculated for calendar year 2021, preventing increases in unemployment insurance taxes for those years.

• Amends Idaho Code Section 72-1350 regarding employment security law and the calculation of taxable wage bases and rates for covered employers.

• Makes technical corrections to the statute, including clarifying language about employer appeals and redetermination procedures within 14 days of notice.

• Declares an emergency and provides that the act takes effect retroactively to January 1, 2022, upon passage and approval.