| SB 0095 | Repeals '93 changes re/reimbursable employers in unemp. ins. |
| Sponsor: | WIGGINS | ||
| Committee: | LAIR | LR Number: | L0063.01I |
| Last Action: | 01/31/95 - Hearing Conducted S Labor & Industrial Relations Comm.-Consent | ||
| Title: | |||
| Effective Date: | August 28, 1995 | ||
SB 95 - In 1993, the General Assembly enacted House Bill 502 which changed provisions on reimbursable employers (not-for- profit) by requiring them to reimburse the Unemployment Compensation Trust Fund for 100% of their costs rather than allowing these costs to be paid by the state's Unemployment Compensation Trust Fund. These new requirements were to be phased in over a three year period beginning in 1996 and reaching 100% in 1998.
This act repeals these provisions, restoring the law as it
existed in 1993.
DAVID VALENTINE