US HB290 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on January 8 2009 - 25% progression, died in committee
Action: 2009-01-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Unemployment Insurance Modernization Act - Amends the Social Security Act to require the Secretary of Labor to make unemployment compensation modernization incentive payments in FY2008-FY2011 by certain transfers from the federal unemployment account to the accounts of the states in the Unemployment Trust Fund. Prescribes a formula for determining the maximum allowable incentive payments. Specifies requirements state law must meet for the state to qualify for such a payment. Limits the use of transferred amounts to the payment of cash unemployment benefits to individuals (including for dependents' allowances and for unemployment compensation, exclusive of administrative expenses). Requires the Secretary of the Treasury to reserve specified funds out of the federal unemployment account for such incentive payments.

Tracking Information

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Title

Unemployment Insurance Modernization Act

Sponsors


History

DateChamberAction
2009-01-08 Referred to the House Committee on Ways and Means.

Same As/Similar To

HB1 (Related) 2009-02-17 - Became Public Law No: 111-5. (TXT | PDF)
SB350 (Related) 2009-01-30 - Star Print ordered on the bill.

Subjects


US Congress State Sources


Bill Comments

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