Introduced by Sen. Kenneth Horn R-Frankenmuth on September 16, 2015
To authorize a change in the formula that determines employer payroll tax assessments to a state fund that provides expeditious payment of unemployment benefits, based on whether the fund has sufficient money to cover expected claims. Official Text and Analysis.
Referred to the Senate Economic Development and International Investment Committee on September 16, 2015
Reported in the Senate on September 29, 2015
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Amendment offered by Sen. Morris Hood, III D-Taylor on October 1, 2015
To tie-bar the bill to Senate Bill 525, meaning this bill cannot become law unless that one does also. SB 525 would increase unemployment benefits.
Referred to the House Workforce and Talent Development Committee on October 1, 2015
Reported in the House on December 3, 2015
Without amendment and with the recommendation that the bill pass.
Amendment offered by Rep. Christine Greig D-Farmington Hills on December 9, 2015
To revise the amount of reserves that must be kept in the state insurance fund the bill would affect from a dollar figure ($2.5 billion) to an amount that would based on an specified adequacy calculation.
The amendment failed by voice vote in the House on December 9, 2015