SB 1089 Unemployment compensation; weekly benefit amount.
Yvonne B. Miller | all patrons    ...    notes
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Summary:
Unemployment compensation; weekly benefit amount. Reduces, by $250 a year over a three-year period, the current base period earnings of $3,250 required to qualify for unemployment compensation benefits.

In July 1999, when the provisions of this bill are completely phased in, an otherwise eligible claimant who earns $2,500 in the highest two quarters of his base period will receive weekly unemployment compensation benefits of $50. Additionally, the bill increases the maximum unemployment compensation benefits. The maximum benefits, currently $224 a week, will be increased by $2 a year over the next four years. By July 2000, an otherwise eligible claimant may receive a maximum unemployment compensation benefit of $232 a week.

The bill also modifies the unemployment compensation trust fund adequacy formula by (i) reducing from 25 to 20 the number of years (immediately preceding the year of calculation) from which the highest recorded benefit ratios are drawn and (ii) reducing from 1.5 to 1.38 the preliminary multiplier utilized in calculating the fund adequacy multiplier. Changes in employer tax rates resulting from fund adequacy multiplier and adequate fund balance recalculations will become effective on July 1, 1997. The Commission is required to immediately notify employers of their recomputed tax rates for wages paid during the final two quarters of 1997.

Full text:
01/20/97  Senate: Presented & ordered printed 973646717  pdf
01/22/97  Senate: Introduced bill reprinted 973646717  pdf
02/03/97  Senate: Committee substitute printed 970631717-S1  pdf
02/10/97  House: Committee substitute printed 976223717-H1  pdf
03/04/97  Senate: Bill text as passed Senate and House (SB1089ER)  pdf
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0530)  pdf

Status:
01/20/97  Senate: Presented & ordered printed 973646717
01/20/97  Senate: Referred to Committee on Commerce and Labor
01/22/97  Senate: Introduced bill reprinted 973646717
01/28/97  Senate: Assigned to C. & L. sub-committee: #4
02/03/97  Senate: Reported from C. & L. with substitute (15-Y 0-N)
02/03/97  Senate: Committee substitute printed 970631717-S1
02/04/97  Senate: Constitutional reading dispensed (40-Y 0-N)
02/04/97  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
02/04/97  Senate: Read second time
02/04/97  Senate: Reading of substitute waived
02/04/97  Senate: Committee substitute agreed to 970631717-S1
02/04/97  Senate: Engrossed by Senate - comm. sub. 970631717-S1
02/04/97  Senate: Constitutional reading dispensed (40-Y 0-N)
02/04/97  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
02/04/97  Senate: Passed Senate (40-Y 0-N)
02/04/97  Senate: VOTE: PASSAGE (40-Y 0-N)
02/04/97  Senate: Communicated to House
02/05/97  House: Placed on Calendar
02/06/97  House: Read first time
02/06/97  House: Referred to Committee on Finance
02/07/97  House: Reported from Finance with sub. (22-Y 0-N)
02/10/97  House: Committee substitute printed 976223717-H1
02/10/97  House: Read second time
02/11/97  House: Read third time
02/11/97  House: Committee substitute agreed to 976223717-H1
02/11/97  House: Engrossed by House - com. sub. 976223717-H1
02/11/97  House: Passed House with substitute (Block Vote) (100-Y 0-N)
02/11/97  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/13/97  Senate: Reading of substitute waived
02/13/97  Senate: House substitute agreed to by Senate (38-Y 0-N)
02/13/97  Senate: VOTE: CONCUR HOUSE AMENDMENT (38-Y 0-N)
03/04/97  Senate: Bill text as passed Senate and House (SB1089ER)
03/07/97  Senate: Enrolled
03/07/97  House: Signed by Speaker
03/09/97  Senate: Signed by President
03/19/97  Governor: Approved by Governor-Chapter 530 (effective 7/1/97)
03/21/97  Governor: Acts of Assembly Chapter text (CHAP0530)