THE SENATE	S.B. NO.	28482848
TWENTY-FIFTH LEGISLATURE, 2010
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO EMPLOYMENT SECURITY.

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

     SECTION 1.  Section 383-61, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:

     "(c)  For the calendar year 1991 only, the term "wages" does not include remuneration in excess of $7,000 paid with respect to employment to an individual by an employer.  For calendar [years 2008, 2009, and 2010 only,] year 2011 and thereafter, the term "wages" as used in this part does not include remuneration in excess of $13,000 paid with respect to employment to an individual by an employer so long as the balance of the unemployment trust fund does not fall below the adequate reserve fund as specified by section 383-63."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on January 1, 2011.

INTRODUCED BY:

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Report Title:

Employment Security; Contributions

Description:

Makes permanent the $13,000 ceiling on the taxable wage base for unemployment insurance contributions.

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