MD SB670 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 6 2023 - 25% progression, died in committee
Action: 2023-02-08 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 6 2023 - 25% progression, died in committee
Action: 2023-02-08 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the taxable wage base used to determine employer contributions to the Unemployment Insurance Trust Fund; requiring the Secretary of Labor to set the taxable wage base and the maximum weekly benefit amount in a certain manner for certain years; prohibiting the applicable table of rates from shifting more than a certain number of tables under certain circumstances; establishing certain collateral requirements for certain investment funds that own certain portfolio companies; etc.
Title
Unemployment Insurance Modernization Act of 2023
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-08 | Senate | Hearing 2/21 at 1:00 p.m. |
| 2023-02-06 | Senate | First Reading Finance |
Same As/Similar To
HB724 (Crossfiled) 2023-02-08 - Hearing 2/21 at 1:00 p.m.
Subjects
Bonds
Claims
Disclosure
Escrow Accounts
Income Tax
Insurance
Investments
Labor, Department of
Liability
Notices
Revenue and Taxes
Rules and Regulations
Salaries and Compensation
Time
Unemployment
Unemployment Insurance
Weights and Measures
Work, Labor, and Employment
Claims
Disclosure
Escrow Accounts
Income Tax
Insurance
Investments
Labor, Department of
Liability
Notices
Revenue and Taxes
Rules and Regulations
Salaries and Compensation
Time
Unemployment
Unemployment Insurance
Weights and Measures
Work, Labor, and Employment
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Labor and Employment | 8 | 1302 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 1304 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 606 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 607 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 610 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 612 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 612.1 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 625 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 626 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 633 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 802 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 803 | (n/a) | See Bill Text |
| Labor and Employment | 8 | 804 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0670?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/sb/sb0670f.pdf |
