An original bill to increase the number of weeks for which benefits are payable under the Emergency Unemployment Compensation Act of 1991, and for other purposes.

Summary

Amends the Emergency Unemployment Compensation Act of 1991 (Public Law 102-164) to add 13 weeks to the number of weeks of benefits payable under the emergency unemployment compensation program. Provides for a total number of weeks of such emergency benefits as follows: (1) 33 weeks (currently 20) in higher unemployment States (with a total unemployment rate of nine percent or higher or an adjusted insured unemployment rate of five percent or higher, for specified periods); and (2) 26 weeks (currently 13) for all other States. Extends to July 4, 1992, the expiration date of the emergency unemployment program (currently June 13, 1992). Provides that those who qualify for emergency benefits before the July 4, 1992, expiration date shall receive the full number of weeks to which they are entitled (but makes the increased-by-13-maximum number of weeks applicable only to those eligible by June 13, 1992, and the current maximums applicable to those who first become eligible after June 13). Amends Internal Revenue Code (IRC) provisions to provide for a temporary increase in the amount of certain corporate estimated tax payments, by setting the applicable percentage for such annualized payments at 95 percent of the tax liability for each of 1993 through 1996 (current law sets it at 94 percent for 1993 and 1994, and 95 percent in 1995 and 1996). Extends to June 30, 1992 (currently January 31, 1992) the deadline by which employers must pay certain additional taxes under Federal Unemployment Tax Act (FUTA) provisions of the IRC, if they are in a credit reduction State with an unemployment trust fund balance below a certain amount. Allows such employer taxpayers to elect to defer payment until such later date, but requires payment of interest after January 31, 1992 (but not penalties until after June 30, 1992). Extends to July 4, 1992, the program of temporary unemployment benefits for certain railroad workers (under the Emergency Unemployment Compensation Act of 1991). Increases the number of weeks of such benefits for those that are eligible by June 13, 1992.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 January 1992

   Reported

   Committee on Finance ordered to be reported an original measure.

   Source: Committee

2. 31 January 1992

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 31 January 1992

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 394.

   Source: Calendars

4. 31 January 1992

   Reported

   Committee on Finance. Original measure reported to Senate by Senator Bentsen. Without written report.

   Source: Committee

5. 31 January 1992

   Reported

   Committee on Finance. Original measure reported to Senate by Senator Bentsen. Without written report.

   Source: Committee

6. 4 February 1992

   Floor

   Measure laid before Senate by unanimous consent.

   Source: Floor

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 31 January 1992

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Bentsen, Lloyd M. [D-TX] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → To increase the number of weeks for which benefits are payable under the Emergency Unemployment Compensation Act of 1991, and for other purposes.