General Assembly Proposed Bill No. 5867
January Session, 2015 LCO No. 1763
*01763*
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
REP. WILMS, 142nd Dist.
General Assembly
Proposed Bill No. 5867
January Session, 2015
LCO No. 1763
*01763*
Referred to Committee on LABOR AND PUBLIC EMPLOYEES
Introduced by:
REP. WILMS, 142nd Dist.
AN ACT CONCERNING INTEREST DUE ON ADVANCES FROM THE UNEMPLOYMENT COMPENSATION ADVANCE FUND.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to eliminate the remaining sixty million dollars of interest due on advances from the Unemployment Compensation Advance Fund.
Statement of Purpose:
To grow the state economy by allowing businesses to direct their resources toward creating and retaining jobs rather than paying interest due on advances from the Unemployment Compensation Advance Fund.