REPORT TITLE:
Employment Security


DESCRIPTION:
Extends the sunset date of the employment and training fund
program through December 31, 2005.

 
a                                                     LBR-15(00)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        2905
THE SENATE                              S.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO EMPLOYMENT SECURITY.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Section 383-129, Hawaii Revised Statutes, is
 
 2 amended by amending subsection (a) to read as follows:
 
 3      "(a)  Effective January 1, 1992, through June 30, 1997, and
 
 4 from January 1, 1999, through December 31, [2000,] 2005, in
 
 5 addition to contributions determined by section 383-68, every
 
 6 employer, except an employer who has selected an alternative
 
 7 method of financing liability for unemployment compensation
 
 8 benefits pursuant to section 383-62 or an employer who has been
 
 9 assigned a minimum rate of zero per cent or the maximum rate of
 
10 five and four-tenths per cent in accordance with section 383-68,
 
11 shall be subject to an employment and training fund assessment at
 
12 a rate of .05 per cent of taxable wages as specified in section
 
13 383-61."
 
14      SECTION 2.  Statutory material to be repealed is bracketed.
 
15 New statutory material is underscored.
 
16      SECTION 3.  This Act shall take effect upon its approval. 
 
17 
 
18                           INTRODUCED BY:  _______________________
 

 
a                                                     LBR-15(00)