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Bill > A08859


NY A08859

NY A08859
Relates to the interest assessment surcharge.


summary

Introduced
01/18/2024
In Committee
01/18/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to repeal section 581-d of the labor law, relating to the interest assessment surcharge

AI Summary

This bill repeals Section 581-d of the New York Labor Law, which relates to the interest assessment surcharge. The interest assessment surcharge was a fee charged to employers to fund the state's unemployment insurance program. By repealing this section, the bill eliminates this surcharge, potentially reducing costs for employers in New York.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

referred to labor (on 01/18/2024)

bill text


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