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Bill > A1108


NJ A1108

NJ A1108
Excludes payments made for unemployment compensation benefits related to layoffs resulting from coronavirus disease 2019 pandemic from calculation of employer contribution for unemployment compensation benefits.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill excludes from the calculation of employer contributions to the unemployment compensation fund payments made for unemployment compensation benefits related to layoffs from the coronavirus disease 2019 pandemic. Under current law, an employer's contribution rate to the unemployment compensation fund is affected by the employer's experience rating; that is, the number of times a former employee of an employer collects benefits impacts the employer's contribution rate for the following year. This bill excludes from the calculation of the employer contribution rate benefits paid to employees in relation to the coronavirus disease 2019 pandemic.

AI Summary

This bill excludes payments made for unemployment compensation benefits related to layoffs resulting from the coronavirus disease 2019 (COVID-19) pandemic from the calculation of employer contributions to the state's unemployment compensation fund. Under current law, an employer's contribution rate is affected by the number of times a former employee collects unemployment benefits, but this bill exempts benefits paid to employees laid off due to the COVID-19 pandemic from being factored into the employer's contribution rate.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Introduced, Referred to Assembly Labor Committee (on 01/09/2024)

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