HI HB2207 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 21 2010 - 25% progression, died in chamber
Action: 2010-01-26 - (H) The committee(s) recommends that the measure be deferred.
Text: Latest bill text (Introduced) [HTML]

Summary

Applies contribution rates schedules E and F to calendar years 2010 and 2011, respectively, notwithstanding the ratio of the current reserve fund to the adequate reserve fund. Requires assessments upon employers to avoid federal penalties on outstanding loan balances on loans received from the U.S. Secretary of Labor when the balance in the unemployment compensation fund is insufficient to pay expected benefit claims. Permanently retains the adequate reserve fund at one times the product of the benefit cost rate multiplied by the total remuneration paid. Keeps the maximum weekly benefit amount at 75% of the average weekly wage, but reduces the maximum weekly benefit amount over the potential twenty-six week period of benefit eligibility.

Tracking Information

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Title

Employment Security; Contribution Rate Schedules; Adequate Reserve Fund; Assessments

Sponsors


History

DateChamberAction
2010-01-26 (H) The committee(s) recommends that the measure be deferred.
2010-01-22 (H) Bill scheduled to be heard by LAB on Tuesday, 01-26-10 9:00am in House conference room 309.
2010-01-22 (H) Referred to LAB, FIN, referral sheet 3
2010-01-21 (H) Introduced and Pass First Reading.
2010-01-20 (H) Pending introduction.

Hawaii State Sources


Bill Comments

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