SRC-LBB S.B. 1071 78(R) BILL ANALYSIS Senate Research Center S.B. 1071 78R3150 PB-DBy: Jackson Business & Commerce 4/2/2003 As Filed DIGEST AND PURPOSE Currently, an employer is permitted under the Texas Unemployment Compensation Act to make a voluntary contribution to reduce the employer's unemployment tax rate. Current law requires an employer to make voluntary contributions within 30 days of the date the Texas Unemployment Commission mails the annual tax rate notice to the employer. Some employers have requested more time to make such voluntary contributions. As proposed, S.B. 1071 permits good cause extensions for up to 60 days for payment of voluntary contributions. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 204.048(d), Labor Code, to authorize an employer who elects to make a voluntary contribution for the recomputation of the employer's experience rate to make the contribution as prescribed by rules adopted by the Texas Workforce Commission. SECTION 2. Effective date: September 1, 2003. Makes application of this Act prospective.