Bill Text: NJ A1108 | 2024-2025 | Regular Session | Introduced
Bill Title: 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.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced) 2024-01-09 - Introduced, Referred to Assembly Labor Committee [A1108 Detail]
Download: New_Jersey-2024-A1108-Introduced.html
STATE OF NEW JERSEY
221st LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION
Sponsored by:
Assemblyman JOHN DIMAIO
District 23 (Hunterdon, Somerset and Warren)
Co-Sponsored by:
Assemblymen Bergen and DePhillips
SYNOPSIS
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.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning employer contributions to the unemployment compensation fund and supplementing Title 43 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. The costs of unemployment compensation benefits paid as a result of staff reductions by an employer during the state of emergency declared by the Governor on March 9, 2020 in response to the coronavirus disease 2019 pandemic shall not be considered when calculating the employer contributions to the State unemployment compensation fund, established pursuant to R.S.43:21-7.
2. This act shall take effect immediately.
STATEMENT
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.