Plain English Breakdown
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H4745 • 2026
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 41-31-5, RELATING TO THE CALCULATION OF THE UNEMPLOYMENT INSURANCE TAX RATE BENEFIT RATIO, SO AS TO LENGTHEN THE LOOKBACK PERIOD TO COMPUTE THE BENEFIT RATIO BY EXPANDING TO FOUR YEARS IN 2027 AND FIVE YEARS IN 2028.
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 41-31-5, RELATING TO THE CALCULATION OF THE UNEMPLOYMENT INSURANCE TAX RATE BENEFIT RATIO, SO AS TO LENGTHEN THE LOOKBACK PERIOD TO COMPUTE THE BENEFIT RATIO BY EXPANDING TO FOUR YEARS IN 2027 AND FIVE YEARS IN 2028.
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Bill History
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Official Summary Text
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 41-31-5, RELATING TO THE CALCULATION OF THE UNEMPLOYMENT INSURANCE TAX RATE BENEFIT RATIO, SO AS TO LENGTHEN THE LOOKBACK PERIOD TO COMPUTE THE BENEFIT RATIO BY EXPANDING TO FOUR YEARS IN 2027 AND FIVE YEARS IN 2028.