LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 29, 2009 TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1858 by Eiland (Relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration.), As Introduced Implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period. The bill would amend the Labor Code relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration. According to the Texas Workforce Commission, changes would need to be made to update the UI Benefits System to allow for payment of the waiting week in qualifying circumstances. The Texas Workforce Commission indicates that any costs associated with the bill could be absorbed within the agencys existing resources. In addition, it is assumed that implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:320 Texas Workforce Commission LBB Staff: JOB, JRO, NV
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 29, 2009
TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1858 by Eiland (Relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration.), As Introduced
TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1858 by Eiland (Relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration.), As Introduced
Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce
Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB1858 by Eiland (Relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration.), As Introduced
HB1858 by Eiland (Relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration.), As Introduced
Implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period.
Implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period.
The bill would amend the Labor Code relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration. According to the Texas Workforce Commission, changes would need to be made to update the UI Benefits System to allow for payment of the waiting week in qualifying circumstances. The Texas Workforce Commission indicates that any costs associated with the bill could be absorbed within the agencys existing resources. In addition, it is assumed that implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period.
The bill would amend the Labor Code relating to suspension of the unemployment compensation waiting period requirement during a disaster subject to a federal disaster declaration. According to the Texas Workforce Commission, changes would need to be made to update the UI Benefits System to allow for payment of the waiting week in qualifying circumstances. The Texas Workforce Commission indicates that any costs associated with the bill could be absorbed within the agencys existing resources.
In addition, it is assumed that implementation of this bill would have an impact to the Unemployment Trust Fund of $1,645,801 each year for FY 2010-14, totaling $8,229,007 over the five-year period.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 320 Texas Workforce Commission
320 Texas Workforce Commission
LBB Staff: JOB, JRO, NV
JOB, JRO, NV