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No co-sponsors yet.
History
- Print number 2706a
- Amend (t) and recommit to labor
- Referred to labor
- Referred to labor
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Enacts the "Unemployment Insurance Liability Act of 2014"
In Assembly Committee · Labor · Sponsor James F. Brennan
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2706A
Title of bill
An act to amend the labor law, in relation to enacting the Unemployment Insurance Liability Act of 2014
Purpose or general idea of bill
Amends the labor law to require that employers who have relocated their businesses outside of New York State have continued liability for contributions to the unemployment insurance fund.
Summary of specific provisions
The bill would require that employers who have relocated out of state remain liable for contributions to the fund for two quartets from the date of relocation. Contributions would be based on the employer's last quarterly report. The bill would also require that a relocating employer identifies all employees being terminated as a result of the relocation and specifies the amount of their weekly wages.
Effects of present law which this bill would alter
Amends section 562 of the labor law.
Justification
Because contributions to the unemployment insurance fund are based on quarterly payroll reports, businesses that relocate out of state no longer make contributions to the fund. Still, workers who have lost their jobs as a result of the relocation are eligible for benefits for two quarters beyond the time when the business was no longer required to pay into the fund. The burden of paying benefits to a relocating business's former employees results in an increased drain on the funds.
Prior legislative history
S.6045 - 2011-12 - Referred to labor A.3788 - 2009-10 - Referred to labor A.3621 - 2007-08 - Referred to labor A.7363 - 2005-06 - In Labor Committee A.3870 - 2003-04 - In Labor Committee A.4748 - 2001-02 - In Labor Committee A.2203 - 1999-00 - In Labor Committee A.4709 - 1997-98 - Labor Committee A.3554 - 1995-Reported from Labor to Ways & Means
Fiscal implications for state and local governments
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.