Unemployment compensation; calculating an employer's benefit ratio. (HB22)

Introduced By

Del. Kaye Kory (D-Falls Church)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Unemployment compensation; benefit ratio. Provides that an employer's payroll, for purposes of calculating its benefit ratio and state unemployment tax rate, shall be deemed to be $1 when the employer's taxable payroll for the applicable 12-month period is not more than $1. The measure eliminates the necessity of dividing the employer's benefit charges by a payroll amount of $0, which produces an infinite benefit ratio and results in an assessment of state unemployment taxes at the highest rate. Amends § 60.2-530, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
11/22/2013Committee
11/22/2013Prefiled and ordered printed; offered 01/08/14 14100111D
11/22/2013Referred to Committee on Commerce and Labor
01/16/2014Impact statement from DPB (HB22)
01/21/2014Reported from Commerce and Labor (19-Y 0-N) (see vote tally)
01/23/2014Read first time
01/23/2014Impact statement from DPB (HB22)
01/24/2014Read second time and engrossed
01/27/2014Constitutional reading dispensed
01/27/2014Referred to Committee on Commerce and Labor
01/27/2014Read third time and passed House BLOCK VOTE (100-Y 0-N)
01/27/2014VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
01/28/2014Constitutional reading dispensed
01/28/2014Referred to Committee on Commerce and Labor
02/17/2014Reported from Commerce and Labor (16-Y 0-N) (see vote tally)
02/19/2014Constitutional reading dispensed (40-Y 0-N)
02/20/2014Read third time
02/20/2014Passed Senate (40-Y 0-N)
02/24/2014Enrolled
02/24/2014Bill text as passed House and Senate (HB22ER)
02/24/2014Signed by Speaker
02/26/2014Impact statement from DPB (HB22ER)
02/26/2014Signed by President
03/07/2014G Approved by Governor-Chapter 191 (effective 7/1/14)
03/07/2014G Acts of Assembly Chapter text (CHAP0191)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.