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Bill > SF0176


WY SF0176

Unemployment compensation-employer contributions.


summary

Introduced
01/28/2025
In Committee
Crossed Over
Passed
Dead
03/03/2025

Introduced Session

2025 General Session

Bill Summary

AN ACT relating to unemployment compensation; specifying the maximum contribution that may be charged to an employer for the unemployment compensation fund; and providing for an effective date.

AI Summary

This bill modifies Wyoming's unemployment compensation law by introducing a new maximum contribution limit for employers. Specifically, the bill caps the total amount an employer can be required to contribute to the unemployment compensation fund at one dollar ($1.00) per employee in a calendar year, regardless of the base rate, rate variations, or adjustment factors. The changes apply to various sections of Wyoming's unemployment compensation statutes, including provisions for base rates, delinquent rates, rate variations, and new employer rates. The bill ensures that even if an employer would typically be subject to higher contribution rates due to factors like delinquency or lack of experience, their total annual contribution per employee cannot exceed the $1.00 limit. This modification aims to provide some financial predictability and potential relief for employers by placing a clear ceiling on their unemployment compensation contributions. The bill will take effect on January 1, 2026, giving employers and state agencies time to prepare for the new contribution limit.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

S:Died in Committee Returned Bill Pursuant to SR 5-4 (on 03/03/2025)

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