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Senate Bill 638 |
Senate Author: Jackson |
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Effective: 9-1-11 |
House Sponsor: Murphy |
Current law authorizes the Texas Workforce Commission to compute a surplus credit for an experience-rated employer if the amount in the Texas unemployment compensation fund is at a certain level. Senate Bill 638 amends the Labor Code to set out the circumstances under which the acquisition of an experience-related employer entitles the successor employing unit to a surplus credit attributable to, but not applied or received by, the predecessor employing unit.