SB22-066
Restore Unemployment Insurance Fund Balance
| Type | Bill |
|---|---|
| Session | 2022 Regular Session |
| Subjects |
Concerning the restoration of the money spent by the state during the COVID-19 pandemic for the state's unemployment insurance program.
Bill Summary:
The bill:
- Requires the state treasurer to transfer $1.1 billion from the general fund to the unemployment compensation fund (fund) to restore the balance of the fund to the fund's pre-pandemic level; and
- Requires the director of the division of unemployment insurance to repay the federal government for $1.014 billion of advances received from the federal government in responding to the COVID-19 pandemic.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/19/2022 | Introduced |
| Activity | Vote | Documents |
|---|
| Date | Location | Action |
|---|---|---|
| 05/03/2022 | Senate | Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely |
| 01/19/2022 | Senate | Introduced In Senate - Assigned to State, Veterans, & Military Affairs |
Prime Sponsor
Sponsor
Co-Sponsor
(None)