Loading chat...

NY A07788

Bill

Status

Introduced

5/21/2021

Primary Sponsor

Kenneth Zebrowski

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Establishes employer contribution rates to the unemployment insurance fund for fiscal year 2022 at the rate corresponding to a fund index of 2.5% to 3%, and for fiscal year 2023 at the rate corresponding to a fund index of 2% to 2.5%, regardless of the actual fund index size, unless the actual index would result in a lower rate.

  • Sets the unemployment insurance maximum benefit at 40% of the average weekly wage until the first Monday of October 2022, when it increases to 42% of the average weekly wage.

  • Takes effect immediately, with the benefit rate change applying to new claims filed on or after 30 days following enactment.

Legislative Description

Specifies contribution rates for employers to the unemployment insurance fund in the 2022 and 2023 fiscal years, regardless of what the current actual size of the fund index is; sets the unemployment insurance maximum benefit rate.

Last Action

print number 7788a

2/1/2022

Committee Referrals

Labor5/21/2021

Full Bill Text

No bill text available