2015 Senate Bill 500 / Public Act 240

Revise unemployment benefits employer assessment detail

Introduced in the Senate

Sept. 16, 2015

Introduced by Sen. Ken Horn (R-32)

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.

Referred to the Committee on Economic Development and International Investment

Sept. 29, 2015

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Oct. 1, 2015

Amendment offered by Sen. Morris Hood (D-3)

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.

The amendment failed 10 to 25 (details)

Amendment offered by Sen. Rebekah Warren (D-18)

To tie-bar the bill to House Bill 4655, meaning this bill cannot become law unless that one does also. HB 4655 would increase unemployment benefits.

The amendment failed 10 to 25 (details)

Passed in the Senate 26 to 9 (details)

Received in the House

Oct. 1, 2015

Referred to the Committee on Workforce and Talent Development

Dec. 3, 2015

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 9, 2015

Amendment offered by Rep. Christine Greig (D-37)

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

Dec. 10, 2015

Passed in the House 60 to 46 (details)

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.

Signed by Gov. Rick Snyder

Dec. 22, 2015