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Bill

A 1152

Requires the department of labor to collect and report certain information regarding requests for federal Title XII advances for the state unemployment trust fund

2025 Regular Session Introduced by Jodi Giglio and 1 co-sponsor

Bill A 1152 requires the Department of Labor to collect and publicly report data on federal Title XII advance requests, enhancing transparency in unemployment fund management.

REFERRED TO LABOR
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Bill Summary · A 1152

Summary of Bill A 1152

Bill Information

  • Bill Number: A 1152
  • Title: Requires the Department of Labor to Collect and Report Certain Information Regarding Requests for Federal Title XII Advances for the State Unemployment Trust Fund
  • Status: Referred to Labor
  • Introduced: January 09, 2025
  • Classification: Bill

Purpose and Intent

Bill A 1152 aims to enhance transparency and accountability in the management of the state unemployment trust fund by mandating the Department of Labor to collect and report specific information related to requests for federal Title XII advances. These advances are federal loans that states can utilize to pay unemployment benefits when their trust funds are depleted.

Key Provisions

  • Information Collection: The bill requires the Department of Labor to systematically gather data on requests made for Title XII advances. This includes:

    • The number of requests submitted
    • The amounts requested
    • The reasons for the requests
    • The timeframes in which these requests are made

  • Reporting Requirements: The Department of Labor must compile this information into a report that will be made available to the public. This report is intended to provide insights into the usage of federal advances and the financial health of the state unemployment trust fund.

  • Frequency of Reporting: While the bill does not specify the frequency of the reports, it implies a regular update to ensure ongoing transparency.

Who Would Be Affected

  • Department of Labor: The bill places additional responsibilities on the Department of Labor to collect and report data, potentially requiring new processes or systems to be implemented.
  • State Unemployment Trust Fund: The bill directly impacts the management of the state unemployment trust fund, providing a clearer picture of its financial status and reliance on federal advances.
  • Taxpayers and Stakeholders: Increased transparency may benefit taxpayers and stakeholders by providing them with better information regarding the state’s unemployment funding and financial decisions.

Procedural Aspects

  • Legislative Action: As of January 09, 2025, the bill has been referred to the Labor Committee for further consideration. The timeline for further actions, such as hearings or votes, will depend on the committee's schedule and priorities.

Related Bills

  • A 11113 (prior-session): A related bill from a previous session that may address similar issues.
  • A 4420 (prior-session): Another prior-session bill that could have implications for unemployment funding.
  • A 2911 (prior-session): A previous bill that may provide context or background relevant to the current legislation.

This summary provides an overview of Bill A 1152, highlighting its purpose, key provisions, and potential impacts on the state’s unemployment trust fund and its management.

Compiled from official sources — confirm details with the bill’s official record.

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