Brief(1)
H.B. 2494 would amend the Employment Security Law to phase in unemployment taxes that have been subject to a tax moratorium for most employers for the past five calendar years. The phase in will cover the years 2000, 2001, and 2002. The Secretary of the Department of Human Resources (DHR) will report to the Legislature, in January and July, on the solvency of the Employment Security Trust Fund.
Background
Conferees expressing support, either full or qualified, for the measure included representatives of the Kansas Chamber of Commerce and Industry, the National Federation of Independent Business, and the Kansas AFL-CIO.
The fiscal note indicates no impact on DHR expenditures. The impact on the revenues to the Employment Security Trust Fund is indeterminate at this time.
1. *Supplemental notes are prepared by the Legislative Research Department and do not express legislative intent. The supplemental note and fiscal note for this bill may be accessed on the Internet at http://www.ink.org/public/legislative/bill_search.html