LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 26, 2013 TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1537 by Deuell (Relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice. Based on information provided by the Texas Workforce Commission (TWC), it is assumed that duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources. In addition, TWC reports that the U.S. Department of Labor issued an informal opinion that the bill conforms to federal law. According to information provided by TWC, if the state fails to implement these provisions, Texas contributing employers could lose the 5.4 percent Federal Unemployment Tax Act offset credit resulting in an estimated five-year cost to Texas contributing employers of $22.8 billion over a five year period. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 320 Texas Workforce Commission LBB Staff: UP, RB, NV
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 26, 2013
TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1537 by Deuell (Relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.), As Introduced
TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1537 by Deuell (Relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.), As Introduced
Honorable Bob Deuell, Chair, Senate Committee on Economic Development
Honorable Bob Deuell, Chair, Senate Committee on Economic Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1537 by Deuell (Relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.), As Introduced
SB1537 by Deuell (Relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Labor Code relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice. Based on information provided by the Texas Workforce Commission (TWC), it is assumed that duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources. In addition, TWC reports that the U.S. Department of Labor issued an informal opinion that the bill conforms to federal law. According to information provided by TWC, if the state fails to implement these provisions, Texas contributing employers could lose the 5.4 percent Federal Unemployment Tax Act offset credit resulting in an estimated five-year cost to Texas contributing employers of $22.8 billion over a five year period.
The bill would amend the Labor Code relating to certain required notices under the Texas Unemployment Compensation Act, including employer liability arising from failure to provide the notice.
Based on information provided by the Texas Workforce Commission (TWC), it is assumed that duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources.
In addition, TWC reports that the U.S. Department of Labor issued an informal opinion that the bill conforms to federal law. According to information provided by TWC, if the state fails to implement these provisions, Texas contributing employers could lose the 5.4 percent Federal Unemployment Tax Act offset credit resulting in an estimated five-year cost to Texas contributing employers of $22.8 billion over a five year period.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 320 Texas Workforce Commission
304 Comptroller of Public Accounts, 320 Texas Workforce Commission
LBB Staff: UP, RB, NV
UP, RB, NV