House Sponsors: PARKE-HUGHES. Short description: UNEMPLOY INS-CONTRIBUTION RATE Synopsis of Bill as introduced: Amends the Unemployment Insurance Act in relation to contributions required from employers for the purpose of paying benefits. Deletes language providing that an employer's minimum contribution rate for 1996 is 0.1% and for other years is the greater of 0.2% or the product obtained by multiplying 0.2% by the adjusted state experience factor. Inserts language providing that an employer's minimum contribution rate for calendar year 1996 and for calendar years after 1997 is the greater of 0.1% or the product obtained by multiplying 0.1% by the adjusted state experience factor. Provides that an employer's minimum contribution rate for 1997 is the greater of 0.2% or the product obtained by multiplying 0.2% by the adjusted state experience factor. Also changes provisions concerning fund building rates. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status