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.