HP0792, LD 1057, item 2, ‘An Act To Increase the Transparency of the Unemployment Compensation Fund’

Amend the bill by striking out the title and substituting the following:

‘An Act To Increase the Transparency of the Unemployment Compensation Fund’

Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:

‘Sec. 1. 26 MRSA §1082, sub-§3, as amended by PL 1983, c. 115, §1, is further amended to read:

3. Publication. The Commissioner of Labor shall cause to be printed for distribution to the public the text of this chapter, the commission's regulations, his the commissioner's annual reports to the Governor and any other material the commissioner or the commission deems considers relevant and suitable, and shall furnish the same to any person upon application therefor.

The commissioner shall cause to be printed a comprehensive set of Department of Labor internal rules, policies, regulations, memoranda, instructions and other forms used in determining eligibility, payment of benefits and similar issues. The compilation shall must be indexed conveniently to facilitate its use by the public , available in each local office where unemployment claims are filed and easily accessible to any member of the public.

The commissioner shall annually publish data on the content and usage of the fund for not less than the preceding 10 years, including financing, benefit costs, experience rating and contribution rates as applicable. Legislative changes enacted after December 31, 2010 that have an impact on the content or usage of the fund must be disclosed separately for not less than the 5 years after enactment of the change.

Sec. 2. 26 MRSA §1190, sub-§2, ¶¶A and B, as enacted by PL 1999, c. 740, §1, are amended to read:

A. Total Projected annual change in cost to the unemployment compensation trust fund for the ensuing 5 years;

B. Future Projected impact on the planned yield adjustment and the experience rating records of employers, sorted by size and industry , and on employer's experience classifications, as described in section 1221, subsection 4-A, for the ensuing 5 years;’

summary

This amendment strikes and replaces the bill. The amendment directs the Commissioner of Labor to annually publish data on the content and usage of the Unemployment Compensation Fund. The commissioner must separately disclose, for not less than 5 years after enactment, legislative changes affecting the content or usage of the Unemployment Compensation Fund and the impact of those changes. This amendment also requires the Department of Labor, Bureau of Labor Standards to project the impact of proposed benefit changes on employer's experience classifications.

HP0792 LD 1057	First Regular Session - 125th Maine Legislature C "A", Filing Number H-286, Sponsored by		LR 1225 Item 2
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