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H03352018 Regular SessionSigned into law

Amends existing law to revise the calculation of the taxable wage rate by reducing the fund size multiplier and to provide for the issuance of adjusted taxable wage rates by the director under certain circumstances.

EMPLOYMENT SECURITY LAW -- Amends existing law to revise the calculation of the taxable wage rate by reducing the fund size multiplier and to provide for the issuance of adjusted taxable wage rates by the director under certain circumstances.

IntroducedIn CommitteeFloor VoteEnacted
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Amends Section 72-1350, Idaho Code, to reduce the taxable wage rate used for determining employers' unemployment insurance taxes by adjusting the unemployment fund size multiplier downward. This bill will result in a substantial net tax savings to Idaho's covered employers.

house Chamber· Jan 16, 2018

House Third Reading

✓ Passed
69 Yea
0 Nay
1 absentPassed by 69 votes
Republican
58 yea/0 nay
Democrat
11 yea/0 nay
Show all 69 voter names

ABSENT / NOT VOTING (1)

Reported Signed by Governor on January 31, 2018 Session Law Chapter 1 Effective: Retroactive to 01/01/2018

Session
2018
Chamber
house
Status date
Jan 31, 2018
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