[ Search ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
91_SB0990 LRB9101779WHdv 1 AN ACT to amend the Unemployment Insurance Act by 2 changing Section 1506.3. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Unemployment Insurance Act is amended by 6 changing Section 1506.3 as follows: 7 (820 ILCS 405/1506.3) (from Ch. 48, par. 576.3) 8 Sec. 1506.3. Fund building rates - Temporary 9 Administrative Funding. 10 A. Notwithstanding any other provision of this Act, the 11 following fund building rates areshall bein effect for the 12 following calendar years: 13 For each employer whose contribution rate for 1988, 1989, 14 1990, the first, third, and fourth quarters of 1991, 1992, 15 1993, 1994, 1995, and 1997 and any calendar year thereafter 16 would, in the absence of this Section, be 0.2% or higher, a 17 contribution rate which is the sum of such rate and 0.4%; 18 For each employer whose contribution rate for the second 19 quarter of 1991 would, in the absence of this Section, be 20 0.2% or higher, a contribution rate which is the sum of such 21 rate and 0.3%; 22 For each employer whose contribution rate for 1996 would, 23 in the absence of this Section, be 0.1% or higher, a 24 contribution rate which is the sum of such rate and 0.4%; 25 Notwithstanding the preceding paragraphs of this Section 26 or any other provision of this Act, except for the provisions 27 contained in Section 1500 pertaining to rates applicable to 28 employers classified under the Standard Industrial Code, no 29 employer whose total wages for insured work paid by him 30 during any calendar quarter in 1988 and any calendar year 31 thereafter are less than $50,000 shall pay contributions at a -2- LRB9101779WHdv 1 rate with respect to such quarter which exceeds the 2 following: with respect to calendar year 1988, 5%; with 3 respect to 1989 and any calendar year thereafter, 5.4%. 4 Notwithstanding the preceding paragraph of this Section, 5 or any other provision of this Act, no employer's 6 contribution rate with respect to calendar years 1993 through 7 1995 shall exceed 5.4% if the employer ceased operations at 8 an Illinois manufacturing facility in 1991 and remained 9 closed at that facility during all of 1992, and the employer 10 in 1993 commits to invest at least $5,000,000 for the purpose 11 of resuming operations at that facility, and the employer 12 rehires during 1993 at least 250 of the individuals employed 13 by it at that facility during the one year period prior to 14 the cessation of its operations, provided that, within 30 15 days after the effective date of this amendatory Act of 1993, 16 the employer makes application to the Department to have the 17 provisions of this paragraph apply to it. The immediately 18 preceding sentence shall be null and void with respect to an 19 employer which by December 31, 1993 has not satisfied the 20 rehiring requirement specified by this paragraph or which by 21 December 31, 1994 has not made the investment specified by 22 this paragraph. 23 B. Notwithstanding any other provision of this Act, for 24 the second quarter of 1991, the contribution rate of each 25 employer as determined in accordance with Sections 1500, 26 1506.1, and subsection A of this Section shall be equal to 27 the sum of such rate and 0.1%; provided that this subsection 28 shall not apply to any employer whose rate computed under 29 Section 1506.1 for such quarter is between 5.1% and 5.3%, 30 inclusive, and who qualifies for the 5.4% rate ceiling 31 imposed by the last paragraph of subsection A for such 32 quarter. All payments made pursuant to this subsection shall 33 be deposited in the Employment Security Administrative Fund 34 established under Section 2103.1 and used for the -3- LRB9101779WHdv 1 administration of this Act. 2 C. Payments received by the Director which are 3 insufficient to pay the total contributions due under the Act 4 shall be first applied to satisfy the amount due pursuant to 5 subsection B. 6 D. All provisions of this Act applicable to the 7 collection or refund of any contribution due under this Act 8 shall be applicable to the collection or refund of amounts 9 due pursuant to subsection B. 10 (Source: P.A. 88-518; 89-446, eff. 2-8-96.)