Bill Text: IL HB3404 | 2013-2014 | 98th General Assembly | Introduced

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Bill Title: Amends the Unemployment Insurance Act. Provides that an employer that has been assigned a contribution rate based upon an experience rating, and has no amounts past due under the Act, may, upon the payment of an amount equivalent to any portion or all of the unemployment benefits used in computing the experience rating, obtain a cancellation of unemployment benefits used equal to the payment made. Contains provisions regarding: application of payments; computation of a new experience rating and contribution rate; and the method and time for making payments.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB3404 Detail]

Download: Illinois-2013-HB3404-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 HB3404 Introduced , by Rep. Dwight Kay SYNOPSIS AS INTRODUCED:
820 ILCS 405/1506.7 new
Amends the Unemployment Insurance Act. Provides that an employer that has been assigned a contribution rate based upon an experience rating, and has no amounts past due under the Act, may, upon the payment of an amount equivalent to any portion or all of the unemployment benefits used in computing the experience rating, obtain a cancellation of unemployment benefits used equal to the payment made. Contains provisions regarding: application of payments; computation of a new experience rating and contribution rate; and the method and time for making payments.
LRB098 10158 JLS 40317 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB3404 LRB098 10158 JLS 40317 b
AN ACT concerning employment.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Unemployment Insurance Act is amended by
adding Section 1506.7 as follows: