HB 6123 Summary

• Amends Section 19 of the Michigan Employment Security Act to replace references to "the commission" with "the unemployment agency" throughout the statute.

• Adds new subsection (e) prohibiting the unemployment agency from increasing employer contribution rates if the compensation fund balance falls below $2,500,000,000 due to a declared state of emergency that requires contributing employers to close or limit business operations.

• Makes minor technical corrections to statutory language, including changing "shall be" to "is" and updating citations to federal bankruptcy and tax code provisions.

• Maintains existing contribution rate tables and calculation methods for different employer categories, including new employers, construction contractors, and reorganized employers.