Text: H01272 Text: H01274 Text: H01200 - H01299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 433, as passed by the Senate, as 1 2 follows: 1 3 #1. Page 10, by inserting after line 33 the 1 4 following: 1 5 "Sec. . UNEMPLOYMENT TRUST FUND. There is 1 6 appropriated from moneys transferred to the state on 1 7 March 13, 2002, pursuant to section 903(d) of the 1 8 federal Social Security Act, as amended, to the 1 9 department of workforce development, the following 1 10 amount, to be deposited, under the direction of the 1 11 department of workforce development, in the 1 12 unemployment trust fund for the payment of 1 13 unemployment benefits for the first year of the 1 14 unemployment compensation reserve fund, and temporary 1 15 suspension of the base period wage requirement of one 1 16 and one-quarter times the base period quarter with the 1 17 highest wages: 1 18 .................................................. $ 40,000,000 1 19 Sec. . UNEMPLOYMENT TAX AND CLAIM SYSTEM. 1 20 There is appropriated from moneys transferred to the 1 21 state on March 13, 2002, pursuant to section 903(d) of 1 22 the federal Social Security Act, as amended, to the 1 23 department of workforce development, the following 1 24 amount, for purposes of automation and technology for 1 25 the unemployment tax and claim system: 1 26 .................................................. $ 20,000,000 1 27 Sec. . ENHANCED SERVICES TO CLAIMANTS. There 1 28 is appropriated from moneys transferred to the state 1 29 on March 13, 2002, pursuant to section 903(d) of the 1 30 federal Social Security Act, as amended, to the 1 31 department of workforce development, the following 1 32 amount, for purposes of infrastructure improvements 1 33 and the administrative and technology costs associated 1 34 with enhanced services to unemployment benefit 1 35 claimants for workforce and labor exchange services: 1 36 .................................................. $ 20,700,000" 1 37 #2. Page 12, by inserting after line 25 the 1 38 following: 1 39 "Sec. . Section 96.4, subsection 4, unnumbered 1 40 paragraph 1, Code 2003, is amended to read as follows: 1 41 The individual has been paid wages for insured work 1 42 during the individual's base period in an amount at 1 43 least one and one-quarter times the wages paid to the 1 44 individual during that quarter of the individual's 1 45 base period in which the individual's wages were 1 46 highest except for unemployment benefit claims with an 1 47 effective date of July 7, 2003, through June 30, 2007; 1 48 provided that the individual has been paid wages for 1 49 insured work totaling at least three and five-tenths 1 50 percent of the statewide average annual wage for 2 1 insured work, computed for the preceding calendar year 2 2 if the individual's benefit year begins on or after 2 3 the first full week in July and computed for the 2 4 second preceding calendar year if the individual's 2 5 benefit year begins before the first full week in 2 6 July, in that calendar quarter in the individual's 2 7 base period in which the individual's wages were 2 8 highest, and the individual has been paid wages for 2 9 insured work totaling at least one-half of the amount 2 10 of wages required under this subsection in the 2 11 calendar quarter of the base period in which the 2 12 individual's wages were highest, in a calendar quarter 2 13 in the individual's base period other than the 2 14 calendar quarter in which the individual's wages were 2 15 highest. The calendar quarter wage requirements shall 2 16 be rounded to the nearest multiple of ten dollars." 2 17 #3. Page 12, by inserting after line 25 the 2 18 following: 2 19 "Sec. 501. Section 96.7, subsection 12, paragraph 2 20 a, Code 2003, is amended to read as follows: 2 21 a. An employer other than a governmental entity or 2 22 a nonprofit organization, subject to this chapter, 2 23 shall pay an administrative contribution surcharge 2 24 equal in amount to one-tenth of one percent of federal 2 25 taxable wages, as defined in section 96.19, subsection 2 26 37, paragraph "b", subject to the surcharge formula to 2 27 be developed by the department under this paragraph. 2 28 The department shall develop a surcharge formula that 2 29 provides a target revenue level of no greater than six 2 30 million five hundred twenty-five thousand dollars 2 31 annually. The department shall reduce the 2 32 administrative contribution surcharge established for 2 33 any calendar year proportionate to any federal 2 34 government funding that provides an increased 2 35 allocation of moneys for workforce development 2 36 offices, under the federal employment services 2 37 financing reform legislation. Any administrative 2 38 contribution surcharge revenue that is collected in 2 39 any calendar year2002in excess of six million five 2 40 hundred twenty-five thousand dollars shall be deducted 2 41 from the amount to be collected in the subsequent 2 42 calendar year2003before the department establishes 2 43 the administrative contribution surcharge. The 2 44 department shall recompute the amount as a percentage 2 45 of taxable wages, as defined in section 96.19, 2 46 subsection 37, and shall add the percentage surcharge 2 47 to the employer's contribution rate determined under 2 48 this section. The percentage surcharge shall be 2 49 capped at a maximum of seven dollars per employee. 2 50 The department shall adopt rules prescribing the 3 1 manner in which the surcharge will be collected. 3 2 Interest shall accrue on all unpaid surcharges under 3 3 this subsection at the same rate as on regular 3 4 contributions and shall be collectible in the same 3 5 manner. Interest accrued and collected under this 3 6 paragraph and interest earned and credited to the fund 3 7 under paragraph "b" shall be used by the department 3 8 only for the purposes set forth in paragraph "c". 3 9 Sec. 502. Section 96.7, subsection 12, paragraph 3 10 d, Code 2003, is amended to read as follows: 3 11 d. This subsection is repealed July 1,20032008, 3 12 and the repeal is applicable to contribution rates for 3 13 calendar year20042009 and subsequent calendar 3 14 years." 3 15 #4. Page 12, by inserting after line 25 the 3 16 following: 3 17 "Sec. . Section 96.9, Code 2003, is amended by 3 18 adding the following new subsection: 3 19 NEW SUBSECTION. 8. UNEMPLOYMENT COMPENSATION 3 20 RESERVE FUND. 3 21 a. A special fund to be known as the unemployment 3 22 compensation reserve fund is created in the state 3 23 treasury. The reserve fund is separate and distinct 3 24 from the unemployment compensation fund. All moneys 3 25 collected as reserve contributions, as defined in 3 26 paragraph "b", shall be deposited in the reserve fund. 3 27 The moneys in the reserve fund may be used for the 3 28 payment of unemployment benefits and shall remain 3 29 available for expenditures in accordance with the 3 30 provisions of this subsection. The treasurer of state 3 31 shall be the custodian of the reserve fund and shall 3 32 disburse the moneys in the reserve fund in accordance 3 33 with this subsection and the directions of the 3 34 director of the department of workforce development. 3 35 b. If the balance in the reserve fund on July 1 of 3 36 the preceding calendar year for calendar year 2004 and 3 37 each year thereafter is less than one hundred million 3 38 dollars, a percentage of contributions, as determined 3 39 by the director, shall be deemed to be reserve 3 40 contributions for the following calendar year. If the 3 41 percentage of contributions, termed the reserve 3 42 contribution tax rate, is not zero percent as 3 43 determined pursuant to this subsection, the combined 3 44 tax rate of contributions to the unemployment 3 45 compensation fund and to the unemployment compensation 3 46 reserve fund shall be divided so that a maximum of 3 47 ninety percent of the combined tax rate equals the 3 48 unemployment contribution tax rate and ten percent of 3 49 the combined tax rate equals the reserve contribution 3 50 tax rate except for employers who are assigned a 4 1 combined tax rate of five and four-tenths or greater. 4 2 For those employers, the reserve contribution tax rate 4 3 shall equal zero and their combined tax rate shall 4 4 equal their unemployment contribution rate. When the 4 5 reserve contribution tax rate is determined to be zero 4 6 percent, the unemployment contribution rate for all 4 7 employers shall equal one hundred percent of the 4 8 combined tax rate. The reserve contributions 4 9 collected in any calendar year shall not exceed twenty 4 10 million dollars. The provisions for collection of 4 11 contributions under section 96.14 are applicable to 4 12 the collection of reserve contributions. Reserve 4 13 contributions shall not be deducted in whole or in 4 14 part by any employer from the wages of individuals in 4 15 its employ. All moneys collected as reserve 4 16 contributions shall not become part of the 4 17 unemployment compensation fund but shall be deposited 4 18 in the reserve fund created in this subsection. 4 19 c. Moneys in the reserve fund shall only be used 4 20 to pay unemployment benefits to the extent moneys in 4 21 the unemployment compensation fund are insufficient to 4 22 pay benefits during a calendar quarter. 4 23 d. The interest earned on the moneys in the 4 24 reserve fund shall be deposited in and credited to the 4 25 reserve fund. 4 26 e. Moneys from interest earned on the unemployment 4 27 compensation reserve fund shall be used by the 4 28 department only upon appropriation by the general 4 29 assembly and only for purposes contained in section 4 30 96.7, subsection 12, for department of workforce 4 31 development rural satellite offices, and for 4 32 administrative costs to collect the reserve 4 33 contributions." 4 34 #5. Page 12, by inserting after line 25 the 4 35 following: 4 36 "Sec. 503. 2001 Iowa Acts, First Extraordinary 4 37 Session, chapter 2, section 2, unnumbered paragraph 4, 4 38 is amended to read as follows: 4 39 The department shall submit a report of its annual 4 40 departmental offices review to the governor and 4 41 general assembly by December 21, 2001, by December 21, 4 42 2002, and by December 21, 2003of each subsequent 4 43 calendar year through December 21, 2008. 4 44 Sec. . EFFECTIVE DATE. Sections 501, 502, and 4 45 503 of this Act, being deemed of immediate importance, 4 46 take effect upon enactment." 4 47 #6. Title page, by striking line 4 and inserting 4 48 the following: "relations board, making related 4 49 statutory changes, and providing an effective date." 4 50 #7. By renumbering as necessary. 5 1 5 2 5 3 5 4 MURPHY of Dubuque 5 5 5 6 5 7 5 8 FORD of Polk 5 9 5 10 5 11 5 12 THOMAS of Clayton 5 13 5 14 5 15 5 16 HOGG of Linn 5 17 5 18 5 19 5 20 GASKILL of Wapello 5 21 SF 433.501 80 5 22 tm/pj
Text: H01272 Text: H01274 Text: H01200 - H01299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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