Bill Text: HI SB373 | 2010 | Regular Session | Introduced
Bill Title: Unemployment Compensation Fund; State Unemployment Tax Act; Taxable Wage Base
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2009-05-11 - Carried over to 2010 Regular Session. [SB373 Detail]
Download: Hawaii-2010-SB373-Introduced.html
Report Title:
Unemployment Compensation Fund; State Unemployment Tax Act; Taxable Wage Base
Description:
Changes the maximum taxable wage base for 2010 back to the average annual wage for the four calendar quarter period ending on June 30 of the preceding year.
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THE SENATE |
S.B. NO. |
373 |
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TWENTY-FIFTH LEGISLATURE, 2009 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO EMPLOYMENT SECURITY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act 110, Session Laws of Hawaii 2007, is amended by amending section 3 to read as follows:
"SECTION 3. Section 383-61, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:
"(c) For the calendar year 1991 only, the
term "wages" does not include remuneration in excess of $7,000 paid
with respect to employment to an individual by an employer. For calendar years
2008[,] and 2009[, and 2010] only, the term
"wages" as used in this part does not include remuneration in excess
of $13,000 paid with respect to employment to an individual by an employer so
long as the balance of the unemployment trust fund does not fall below the
adequate reserve fund as specified by section 383-63.""
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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