HLS 21RS-3814 ORIGINAL 2021 Regular Session HOUSE CONCURRENT RESOL UTION NO. 122 BY REPRESENTATIVE LYONS UNEMPLOYMENT COMP: Continues the Unemployment Compensation and Trust Fund Task Force 1 A CONCURRENT RESOL UTION 2To continue the Unemployment Compensation and Trust Fund Task Force that was created 3 pursuant to House Concurrent Resolution No. 36 of the 2020 Second Extraordinary 4 Session of the Legislature of Louisiana to study and make recommendations for 5 replenishing the unemployment trust fund and increasing the unemployment 6 compensation weekly benefit amount and to submit a written report of its findings 7 and recommendations to the Legislature of Louisiana not later than thirty days prior 8 to the convening of the 2022 Regular Session. 9 WHEREAS, the state of Louisiana was struck by the COVID-19 pandemic in March 102020, which caused some businesses to reduce their employees' hours or to temporarily, and 11in some cases, permanently, shut down and lay off employees; and 12 WHEREAS, the state is returning to some semblance of normalcy and as a result, 13businesses are also opening to full capacity and employees are returning back to work; 14however, there is still an unprecedented number of individuals who are filing for 15unemployment compensation benefits; and 16 WHEREAS, at the beginning of March 2020, the state's unemployment trust fund, 17which was solvent and prosperous, had a balance of approximately one billion five hundred 18million dollars; and 19 WHEREAS, as of May 2021, the state's unemployment trust fund, which was greatly 20depleted as a result of the unprecedented payment of unemployment compensation benefits, 21now has a balance of approximately fifty-one million dollars; and Page 1 of 4 HLS 21RS-3814 ORIGINAL HCR NO. 122 1 WHEREAS, as a result of the ongoing COVID-19 pandemic, it is recognized that 2businesses have suffered a great economic impact; however, unemployed and partially 3employed workers have also suffered a great financial impact; and 4 WHEREAS, the state of Louisiana pays the third lowest average weekly benefit 5amounts of any state in the United States; and 6 WHEREAS, as a result of the ongoing COVID-19 pandemic, unemployed and 7partially employed workers have struggled to cover household expenses, such as rent or 8mortgage, groceries, and utilities, and attempt to survive on a maximum weekly benefit 9amount of two hundred forty-seven dollars; and 10 WHEREAS, an increase in the maximum weekly benefit amount in the state's 11unemployment compensation program will not only greatly assist unemployed and partially 12employed Louisiana workers, but will have a significant impact on local economies; and 13 WHEREAS, Louisiana Law, R.S. 23:1474, provides that the unemployment trust 14fund offers a decrease in the tax rate for employers, a ten percent discount for employers, 15and an increase in the unemployment compensation weekly benefit amounts when the trust 16fund has reached a specific balance range; and 17 WHEREAS, this statutory provision and others should be examined to determine 18practical and feasible ways to replenish the unemployment trust fund and increase the 19unemployment compensation maximum weekly benefit amounts for claimants. 20 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby 21continue the Unemployment Compensation and Trust Fund Task Force to study and make 22recommendations for replenishing the unemployment trust fund and increasing the 23unemployment compensation weekly benefit amount and to submit a written report of its 24findings and recommendations to the Legislature of Louisiana not later than thirty days prior 25to the convening of the 2022 Regular Session. 26 BE IT FURTHER RESOLVED that the membership of the task force shall continue 27to be as provided for in House Concurrent Resolution No. 36 of the 2020 Second 28Extraordinary Session of the Legislature of Louisiana as follows: 29 (1)The president of the Senate or his designee. 30 (2)The speaker of the House of Representatives or his designee. Page 2 of 4 HLS 21RS-3814 ORIGINAL HCR NO. 122 1 (3)The secretary of the Louisiana Workforce Commission or his designee. 2 (4)One representative from the Louisiana AFL-CIO. 3 (5)One representative from the Louisiana Budget Project. 4 (6)One representative from the Workplace Justice Project. 5 (7)One representative from the Louisiana Association of Business and Industry. 6 (8)One representative from the National Federation of Independent Business. 7 (9)One representative from Greater New Orleans, Inc. 8 (10)One representative from Louisiana Women Lead. 9 (11)One representative from the Louisiana Community and Technical College 10 System. 11 (12)The Revenue Estimating Conference faculty member with revenue 12 forecasting expertise. 13 (13)One representative from North Louisiana Economic Partnership. 14 BE IT FURTHER RESOLVED that the Louisiana Workforce Commission shall 15continue to provide staff support as needed by the task force. 16 BE IT FURTHER RESOLVED that the task force shall continue to meet as 17frequently as it deems necessary for the timely performance of its duties. 18 BE IT FURTHER RESOLVED that the task force shall continue to study and make 19recommendations to matters that include but are not limited to the following: 20 (1)Mechanisms or measures to replenish the unemployment trust fund. 21 (2)Mechanisms or measures to generate at least one billion five hundred million 22 dollars for the unemployment trust fund. 23 (3)The advantages and disadvantages of increasing the weekly benefit amount. 24 (4)Mechanisms or measures to increase the weekly benefit amount. 25 (5)Mechanisms or measures for assisting the unemployed to re-enter the 26 workforce, including training needed to develop new skills required for 27 available jobs. 28 BE IT FURTHER RESOLVED that this Resolution be transmitted to the secretary 29of the Louisiana Workforce Commission, the president of the Louisiana Association of 30Business and Industry, the Louisiana state director of the National Federation of Independent Page 3 of 4 HLS 21RS-3814 ORIGINAL HCR NO. 122 1Business, the president of the Louisiana AFL-CIO, the executive director of the Louisiana 2Budget Project, the director of the Workplace Justice Project, the president of Greater New 3Orleans, Inc., the executive director of Louisiana Women Lead, the president of the 4Louisiana Community and Technical College System, and the faculty member serving on 5the Revenue Estimating Conference. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HCR 122 Original 2021 Regular Session Lyons Continues the Unemployment Compensation and Trust Fund Task Force to study and report its findings and recommendations for replenishing the unemployment trust fund and increasing the unemployment compensation weekly benefit amount to the Legislature of La. not later than 30 days prior to the convening of the 2022 R.S. Page 4 of 4