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NY A01148

Bill

Official Source

Status

Introduced

1/9/2025

Primary Sponsor

Edward Ra

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Suspends employer contributions to the interest assessment surcharge fund until December 31, 2027

  • Appropriates $500 million from the Economic Uncertainties Fund to pay interest due on advances from the federal unemployment account under Title XII of the Social Security Act

  • Takes effect immediately upon passage and automatically expires and repeals on December 31, 2027

Legislative Description

Suspends employer contributions to the interest assessment surcharge fund until December 31, 2027.

Last Action

referred to labor

1/7/2026

Committee Referrals

Labor1/9/2025

Full Bill Text

No bill text available