Louisiana 2020 2020 2nd Special Session

Louisiana Senate Bill SCR5 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
SCR 5	2020 Second Extraordinary Session Reese
Suspends prior law that provided that after the Revenue Estimating Conference’s adoption
of its official projection of the state unemployment trust fund balance for September first of
the next calendar year, the administrator shall make certain determinations and thereafter
apply the proper procedure, as set forth in prior 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 prior law that required the Revenue Estimating Conference, in September of each
year, to adopt its official projection of the state unemployment trust fund balance for
September first 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))