Louisiana 2020 2020 2nd Special Session

Louisiana Senate Bill SCR5 Comm Sub / Analysis

                    The original instrument was prepared by Yoursheka George. The following digest,
which does not constitute a part of the legislative instrument, was prepared by Cathy
Wells.
DIGEST
SCR 5 Re-Reengrossed 2020 Second Extraordinary Session	Reese
Suspends present law that provides that after the Revenue Estimating Conference’s adoption of its
official projection of the state unemployment trust fund balance for September 1st of the next
calendar year, the administrator shall make certain determinations and thereafter apply the proper
procedure, as set forth in present law, to the next calendar year beginning January first for maximum
dollar amount of wages, maximum weekly benefit amount, with any applicable discounts, and the
formula for the computation of benefits.
Suspends present law that requires the Revenue Estimating Conference, in September of each year,
to adopt its official projection of the state unemployment trust fund balance for September 1st of the
next calendar year and report to the La. Workforce Commission its official projection not later than
September 30th.
Effective through the 60th day following the 2021 R.S.
(Suspends R.S. 23:1474(C), (G)(3), and (H))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Labor and Industrial Relations
to the engrossed bill
1. Provides for the suspension of the requirement that the Revenue Estimating
Conference adopt its official projection of the trust fund balance and report the
projection to the La. Workforce Commission.
2. Removes provisions relating to certain unemployment taxes and special assessments.
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs to
the engrossed bill
1. Makes technical corrections.
Senate Floor Amendments to reengrossed bill
1. Makes technical corrections.