Bill Text: MN SF1916 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Unemployment insurance interest rate decrease on past due employer taxes and unpaid applicant fraud debt
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2014-02-25 - Referred to Jobs, Agriculture and Rural Development [SF1916 Detail]
Download: Minnesota-2013-SF1916-Introduced.html
1.2relating to unemployment insurance; decreasing the interest rate on past due
1.3employer taxes and unpaid applicant fraud debt;amending Minnesota Statutes
1.42012, sections 268.057, subdivision 5; 268.18, subdivision 2b.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 268.057, subdivision 5, is amended to read:
1.7 Subd. 5. Interest on amounts past due. If any amounts due from an employer
1.8under this chapter or section116L.20 , except late fees under section
268.044 , are not
1.9received on the date due the unpaid balance bears interest at the rate of oneand one-half
1.10 percent per month or any partthereof of a month. Interest collected under this subdivision
1.11is credited to the contingent account.
1.12EFFECTIVE DATE.This section applies to all interest assessed after July 1, 2015.
1.13 Sec. 2. Minnesota Statutes 2012, section 268.18, subdivision 2b, is amended to read:
1.14 Subd. 2b. Interest.(a) On any unemployment benefits fraudulently obtained,
1.15and any penalty amounts assessed under subdivision 2, the commissioner must assess
1.16interest at the rate of1-1/2 one percent per month on any amount that remains unpaid
1.17beginning 30 calendar days after the date of the determination of overpayment by fraud. A
1.18determination of overpayment by fraud must state that interest will be assessed. Interest is
1.19assessed in the same manner as on employer debt under section 268.057, subdivision 5.
1.20(b) If the determination did not state that interest will be assessed, interest is assessed
1.21beginning 30 calendar days after notification, by mail or electronic transmission, to the
1.22applicant that interest is now assessed.
2.1(c) Interest payments collected under this section subdivision are credited to the
2.2trust fund.
2.3EFFECTIVE DATE.This section applies to interest assessed after July 1, 2015.
1.3employer taxes and unpaid applicant fraud debt;amending Minnesota Statutes
1.42012, sections 268.057, subdivision 5; 268.18, subdivision 2b.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 268.057, subdivision 5, is amended to read:
1.7 Subd. 5. Interest on amounts past due. If any amounts due from an employer
1.8under this chapter or section
1.9received on the date due the unpaid balance bears interest at the rate of one
1.10 percent per month or any part
1.11is credited to the contingent account.
1.12EFFECTIVE DATE.This section applies to all interest assessed after July 1, 2015.
1.13 Sec. 2. Minnesota Statutes 2012, section 268.18, subdivision 2b, is amended to read:
1.14 Subd. 2b. Interest.
1.15and any penalty amounts assessed under subdivision 2, the commissioner must assess
1.16interest at the rate of
1.17beginning 30 calendar days after the date of the determination of overpayment by fraud. A
1.18determination of overpayment by fraud must state that interest will be assessed. Interest is
1.19assessed in the same manner as on employer debt under section 268.057, subdivision 5.
1.20
1.21
1.22
2.1
2.2trust fund.
2.3EFFECTIVE DATE.This section applies to interest assessed after July 1, 2015.
