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NY A03053
Bill
Status
2/2/2023
Primary Sponsor
Kenneth Zebrowski
Click for details
AI Summary
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Establishes employer contribution rates to the unemployment insurance fund at a fund index size of 2.5% to 3% for fiscal year 2024, unless the actual fund index would result in a lower rate for the employer.
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Sets employer contribution rates at a fund index size of 2% to 2.5% for fiscal year 2025, unless the actual fund index would result in a lower rate for the employer.
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Increases the maximum unemployment insurance benefit to 40% of average weekly wage until the first Monday of October 2024, when it increases to 42% of average weekly wage.
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Takes effect immediately, with the maximum benefit rate change effective 30 days after enactment for new claims filed on or after that date.
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
enacting clause stricken
7/15/2024