STAND. COM. REP. 853
Honolulu, Hawaii
, 2003
RE: H.B. No. 290
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 290, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO UNEMPLOYMENT,"
begs leave to report as follows:
The purpose of this bill is to:
(1) Create a program to extend unemployment insurance benefits (program) to take effect if the federal Temporary Extended Unemployment Compensation program (TEUC) is not extended after August 1, 2003;
(2) Ensure that state benefits will cease once the unemployment insurance fund reaches the threshold where the Department of Labor and Industrial Relations would be required to increase the unemployment taxes paid by employers;
(3) Conform the Hawaii Revised Statutes to the federal Temporary Unemployment Compensation Act of 2002; and
(4) Provide that unemployment insurance trust fund moneys can be used to pay for unemployment benefits as well as administrative costs.
ILWU Local 142 submitted testimony in support of this bill. The Department of Labor and Industrial Relations and Chamber of Commerce of Hawaii submitted testimony in opposition to this bill.
Your Committee has amended this bill by changing the:
(1) August 1, 2003, threshold date to May 31, 2003;
(2) Contribution rate schedule to schedule D; and
(3) Effective date to July 1, 2003.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 290, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 290, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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