Full Text of HB2705 98th General Assembly
HB2705 98TH GENERAL ASSEMBLY |
| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 HB2705 Introduced 2/21/2013, by Rep. La Shawn K. Ford SYNOPSIS AS INTRODUCED: |
| 820 ILCS 405/1400 | from Ch. 48, par. 550 |
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Amends the Unemployment Insurance Act. Provides that beginning in 2016, employer contributions shall be paid in quarterly installments.
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| | A BILL FOR |
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| 1 | | AN ACT concerning employment.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Unemployment Insurance Act is amended by | 5 | | changing Section 1400 as follows:
| 6 | | (820 ILCS 405/1400) (from Ch. 48, par. 550)
| 7 | | Sec. 1400. Payment of contributions. On and after July 1, | 8 | | 1937,
contributions shall accrue and become payable by each | 9 | | employer for each
calendar year in which he is subject to this | 10 | | Act, with respect to wages
payable for employment occurring | 11 | | during the six months' period beginning
July 1, 1937, and the | 12 | | calendar years 1938, 1939, and 1940. For the year
1941 and for | 13 | | each calendar year thereafter, contributions shall accrue
and | 14 | | become payable by each employer upon the wages paid with | 15 | | respect to
employment after December 31, 1940. Except as | 16 | | otherwise provided in Section 1400.2, such contributions shall | 17 | | become due
and shall be paid quarterly on or before the last | 18 | | day of the month next
following the calendar quarter for which | 19 | | such contributions have
accrued; except that any employer who | 20 | | is delinquent in filing a
contribution report or in paying his | 21 | | contributions for any calendar
quarter may, at the discretion | 22 | | of the Director, be required to report
and to pay contributions | 23 | | on a calendar month basis. Such contributions
shall not be |
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| 1 | | deducted, in whole or in part, from the wages of
individuals in | 2 | | such employer's employ. If the Director shall find that
the | 3 | | collection of any contributions will be jeopardized by delay, | 4 | | he may
declare the same to be immediately due and payable.
| 5 | | In the payment of any contributions, interest, or | 6 | | penalties, a
fractional part of a cent shall be disregarded | 7 | | unless it amounts to
one-half cent or more, in which case it | 8 | | shall be increased to one cent.
| 9 | | The Director may by regulation provide that if, at any | 10 | | time, a total
amount of less
than $2 is payable with respect to | 11 | | a quarter, including any
contributions, payments in lieu of | 12 | | contributions, interest or
penalties, such amount may be | 13 | | disregarded. Any amounts
disregarded under this paragraph are | 14 | | deemed to have been paid for all
other purposes of this Act. | 15 | | Nothing in this paragraph is intended to
relieve any employer | 16 | | from filing any reports required by this Act or by
any rules or | 17 | | regulations adopted by the Director pursuant to this Act.
| 18 | | Except with respect to the provisions concerning amounts | 19 | | that may be
disregarded pursuant to regulation, this Section | 20 | | does not apply to any
nonprofit organization or any | 21 | | governmental
entity referred to in subsection B of Section 1405 | 22 | | for any
period with respect to which it does not incur | 23 | | liability for the payment
of contributions by reason of having | 24 | | elected to make payments in lieu of
contributions, or to any | 25 | | political subdivision or municipal corporation
for any period | 26 | | with respect to which it is not subject to payments in
lieu of |
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| 1 | | contributions under the provisions of paragraph 1 of Section
| 2 | | 302C by reason of having elected to make payments in lieu of
| 3 | | contributions under paragraph 2 of that Section, or to the | 4 | | State of
Illinois or any of its instrumentalities.
| 5 | | In calendar year 2016 and in each calendar year thereafter, | 6 | | payment of contributions with respect to wages, as defined in | 7 | | Section 235, shall be made in quarterly installments. The | 8 | | payment due for the first quarter of the year shall be 25% of | 9 | | the liability incurred during that quarter. The payment due for | 10 | | the second quarter shall be determined by adding 25% of the | 11 | | liability incurred during the first quarter plus 33.33% of the | 12 | | liability incurred during the second quarter. The payment due | 13 | | for the third quarter shall be determined by adding 25% of the | 14 | | liability incurred during the first quarter plus 33.33% of the | 15 | | liability incurred during the second quarter plus 50% of the | 16 | | liability incurred during the third quarter. The payment due | 17 | | for the fourth quarter shall be the balance of the liability | 18 | | incurred during the calendar year. The changes made by this | 19 | | amendatory Act of the 98th General Assembly shall not reduce an | 20 | | employer's liability for contributions under this Act. | 21 | | (Source: P.A. 94-723, eff. 1-19-06.)
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