A bill to amend the Tax Equity and Fiscal Responsibility Act of 1982 with respect to the effect of the 1985 increase in the Federal unemployment tax rate on certain small business provisions contained in State unemployment compensation laws.

Summary

Amends the Tax Equity and Fiscal Responsibility Act to provide that States which allow certain small businesses to pay a nonexperience based State unemployment tax rate below 5.4 percent may gradually increase the unemployment tax rate for such businesses over a four-year period to equal the new 5.4 percent standard State unemployment tax rate for 1985 and thereafter.

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

Timeline

1. 12 September 1984

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 12 September 1984

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 18 September 1984

   Committee

   Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department, Labor Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 12 September 1984

  Open at official source

Sponsors

• Sen. Percy, Charles H. [R-IL] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Tax Equity and Fiscal Responsibility Act of 1982 with respect to the effect of the 1985 increase in the Federal unemployment tax rate on certain small business provisions contained in State unemployment compensation laws.