GILES, COLVIN, TURNER,ART, BLACK, OSTERMAN AND FEIGENHOLTZ.
Synopsis of Bill as introduced:
Amends the Unemployment Insurance Act. Makes a technical change
in a Section concerning the powers and duties of the Director of
FISCAL NOTE (Department of Employment Security)
The unemployment insurance system is designed to respond to
increased benefit payments with subsequent increases in em-
ployer taxes paid. Under the current baseline economic assump-
tions, employer taxes would increase by an aggregate $287
million from 2002 due to the implementation of these addition-
PENSION NOTE, H-AM 1 (Pension Laws Commission)
HB2935, as amended by H-am 1, does not amend the Pension Code;
it has no fiscal impact on any public pension fund or retire-
ment system in Illinois.
FISCAL NOTE, H-AM 1 (Department of Employment Security)
No change from previous fiscal note.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
820 ILCS 405/1700
Adds reference to:
820 ILCS 405/409.1 new
820 ILCS 405/1403 from Ch. 48, par. 553
820 ILCS 405/1404 from Ch. 48, par. 554
820 ILCS 405/1405 from Ch. 48, par. 555
820 ILCS 405/1501.1 from Ch. 48, par. 571.1
820 ILCS 405/1504 from Ch. 48, par. 574
Deletes everything. Amends the Unemployment Insurance Act.
Creates a program of additional benefits financed by the State and
payable to certain individuals who have exhausted their regular
benefits in a week beginning on or after September 9, 2001 and before
March 10, 2002 and who meet specified requirements. Provides that the
Director of Employment Security shall take action or adopt rules
necessary to ensure that the program's provisions are interpreted and
applied to meet federal requirements. Effective immediately.
STATE DEBT NOTE, H-AM 1
(Illinois Economic and Fiscal Commission)
This legislation would not affect the bonding authorization of
the State, and, therefore, has no direct impact on the level of
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status