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MI HB5550

Bill

Official Source

Status

Engrossed

1/26/2022

Primary Sponsor

Pat Outman

Click for details

Origin

House of Representatives

101st Legislature

AI Summary

  • Requires the unemployment agency to post the current amount of money in the unemployment compensation fund on its public website
  • Mandates monthly updates to the posted unemployment compensation fund balance
  • Requires notification to the state budget director and legislative appropriations committees if the fund balance drops below $2,500,000,000
  • Requires notification to the state budget director and legislative appropriations committees if the fund balance drops below $500,000,000

Legislative Description

Employment security: funds; amount of money in the unemployment compensation fund; require the unemployment agency to post on its public website. Amends 1936 (Ex Sess) PA 1 (MCL 421.1 - 421.75) by adding sec. 10b.

Employment security: funds

Last Action

Referred To Committee On Economic And Small Business Development

1/27/2022

Committee Referrals

Economic And Small Business Development1/27/2022
Oversight11/10/2021

Full Bill Text

No bill text available