HOUSE BILL 428
Law
Employment, fund size multiplier
EMPLOYMENT SECURITY LAW – Amends existing law to adjust the desired fund size multiplier.
RS31014 / H0428
This legislation adjusts the desired fund size multiplier from 1.3 to 1.2 to temper the increase in unemployment insurance tax rates for calendar year 2024 (Idaho Code 72-1350(3)). Without adjusting the multiplier, a large tax increase would normally occur after three years of frozen tax rates. Reducing the desired fund size multiplier lowers future rates.
| Date | Description |
|---|---|
| 01/26 | Introduced, read first time, referred to JRA for Printing |
| 01/29 | Reported Printed and Referred to Commerce & Human Resources |
| 02/01 | Reported out of Committee with Do Pass Recommendation, Filed for Second Reading |
| 02/02 | Read second time; Filed for Third Reading |
| 02/05 | Read Third Time in Full – PASSED - 69-1-0 AYES – Alfieri, Allgood, Andrus, Barbieri, Blanksma, Boyle, Bundy, Burns, Cannon, Cheatum, Chew(Wilson), Clow, Cornilles, Crane(12), Crane(13), Dixon(1), Dixon(24), Durrant, Ehardt, Ehlers, Erickson, Furniss, Galaviz, Gallagher, Gannon, Garner, Green(Ruckh), Handy, Hawkins, Healey, Hill, Holtzclaw, Horman, Kingsley, Lambert, Lanting, Manwaring, Mathias, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Nash(Stinson), Necochea, Nelsen, Palmer, Petzke, Pickett, Price, Raybould, Raymond, Redman, Roberts, Rubel, Sauter, Scott, Shepherd, Skaug, Tanner, Vander Woude, Weber, Wheeler, Wisniewski, Wroten, Yamamoto, Young, Mr. Speaker NAYS – Berch(Bratnober) Absent – None Floor Sponsor - Bundy Title apvd - to Senate |
| 02/06 | Received from the House passed; filed for first reading |
| 02/06 | Introduced, read first time; referred to: Commerce & Human Resources |
| 02/23 | Reported out of Committee with Do Pass Recommendation; Filed for second reading |
| 02/26 | Read second time; filed for Third Reading |
| 02/27 | Read third time in full – PASSED - 35-0-0 AYES – Adams, Anthon, Bernt, Bjerke, Burtenshaw, Cook, Den Hartog, Foreman, Forsmann(Carlson), Grow, Guthrie, Harris, Hart, Hartgen, Herndon, Just, Lakey, Lee, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Schroeder, Semmelroth, Taylor, Toews, Trakel, VanOrden, Ward-Engelking, Winder, Wintrow, Zuiderveld NAYS – None Absent and excused – None Floor Sponsor - Guthrie Title apvd - to House |
| 02/28 | Returned from Senate Passed; to JRA for Enrolling |
| 02/29 | Reported Enrolled; Signed by Speaker; Transmitted to Senate |
| 02/29 | Received from the House enrolled/signed by Speaker |
| 02/29 | Signed by President; returned to House |
| 03/01 | Returned Signed by the President; Ordered Transmitted to Governor |
| 03/04 | Delivered to Governor at 11:25 a.m. on March 1, 2024 |
| 03/07 | Reported Signed by Governor on March 6, 2024 Session Law Chapter 15 Effective: Retroactive to 01/01/2024 |