HB2271
Provides a credit against an employer's unemployment insurance taxes for calendar year 2025 if the employer's tax rate for calendar year 2025 is at least 2.5 percentage points less than the employer's tax rate for calendar year 2024.
In one sentence
<b>Digest: The Act would give a credit off their UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least two and a half percentage points.
What it does
- <b>Digest: The Act would give a credit off their UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least two and a half percentage points.
- (Flesch Readability Score: 62.8).</b> [<i>Digest: The Act would give a credit against UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least three percentage points.
- (Flesch Readability Score: 60.7).</i>] Provides a credit against an employer's unemployment insurance taxes for calendar <b>year 2025</b> [<i>years 2025, 2026 and 2027</i>] if the employer's tax rate for calendar year 2025 is at least [<i>three</i>] <b>2.5</b> percentage points less than the employer's tax rate for calendar year 2024.
- Relating to: Relating to employer taxes.
Who it affects
Not clearly identified in the stored source.
Limits and unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Official record
Sources
Official summary
<b>Digest: The Act would give a credit off their UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least two and a half percentage points. (Flesch Readability Score: 62.8).</b> [<i>Digest: The Act would give a credit against UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least three percentage points. (Flesch Readability Score: 60.7).</i>] Provides a credit against an employer's unemployment insurance taxes for calendar <b>year 2025</b> [<i>years 2025, 2026 and 2027</i>] if the employer's tax rate for calendar year 2025 is at least [<i>three</i>] <b>2.5</b> percentage points less than the employer's tax rate for calendar year 2024. Relating to: Relating to employer taxes. Current location: Chapter Number Assigned
Official activity
Bill history
- Chapter 563, (2025 Laws): Effective date January 1, 2026.House
- Governor signed.House
- Speaker signed.House
- President signed.Senate
- Recommendation: Do pass the A-Eng. bill.Senate
- Second reading.Senate
- Rules suspended. Third reading. Carried by Smith DB. Passed. Ayes, 28; Excused, 2--Gorsek, Thatcher.Senate
- Public Hearing and Work Session held.Senate
- Third reading. Carried by Wright. Passed. Ayes, 50; Excused, 9--Diehl, Harbick, Munoz, Osborne, Pham H, Skarlatos, Valderrama, Wallan, Yunker; Excused for Business of the House, 1--Drazan.House
- First reading. Referred to President's desk.Senate
- Referred to Finance and Revenue.Senate
- Second reading.House
- Recommendation: Do pass with amendments and be printed A-Engrossed.House
- Public Hearing and Work Session held.House
- Public Hearing held.House
- Public Hearing cancelled.House
- Referred to Revenue.House
- First reading. Referred to Speaker's desk.House