Bill Summary for S 99 (2011-2012)

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Bill: REFORM UI TAX STRUCTURE/EXPEDITE ANALYSIS.

Summary date: 

Mar 28 2011
S.L. 2011-10

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 99 (Public) Filed Tuesday, February 22, 2011
TO EXPEDITE THE ANALYSIS OF THE TAX STRUCTURE FOR UNEMPLOYMENT INSURANCE IN NORTH CAROLINA GIVEN THE SUBSTANTIAL NEGATIVE BALANCE IN THE STATE'S UNEMPLOYMENT TRUST FUND AND THE SUBSTANTIAL FEDERAL LOAN BALANCE OWED BY THE STATE FOR PAYMENT OF UNEMPLOYMENT INSURANCE BENEFITS.
Intro. by Clary, Rucho, Hartsell.

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Bill summary

AN ACT TO EXPEDITE THE ANALYSIS OF THE TAX STRUCTURE FOR UNEMPLOYMENT INSURANCE IN NORTH CAROLINA GIVEN THE SUBSTANTIAL NEGATIVE BALANCE IN THE STATE'S UNEMPLOYMENT INSURANCE TRUST FUND AND THE SUBSTANTIAL FEDERAL LOAN BALANCE OWED BY THE STATE FOR PAYMENT OF UNEMPLOYMENT INSURANCE BENEFITS. Summarized in Daily Bulletin 2/22/11 and 3/16/11. Enacted March 25, 2011. Effective March 25, 2011.