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          <title>WashingtonWatch.com - Revisions for H.R. 2233, The Unemployment Insurance Modernization Act</title>
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<title>Revision by webmaster (August 2, 2007, 02:45:33)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2233.html?rev=7326</link>
<description>&lt;p&gt;H.R. 2233 would provide for special transfers of funds to States to promote certain improvements in State unemployment compensation laws.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Unemployment Insurance Modernization Act - Amends the Social Security Act to require the Secretary of Labor to make unemployment compensation modernization incentive payments in FY2008-FY2012 to the accounts of the states in the Unemployment Trust Fund, by transferring amounts reserved for that purpose in the federal unemployment account.&lt;/p&gt;

&lt;p&gt;Prescribes a formula for determining the maximum allowable incentive payments.&lt;/p&gt;

&lt;p&gt;Specifies requirements state law must meet for the state to qualify for such a payment.&lt;/p&gt;

&lt;p&gt;Limits the use of transferred amounts to the payment of cash unemployment benefits to individuals (including for dependents' allowances and for unemployment compensation, exclusive of administrative expenses).&lt;/p&gt;

&lt;p&gt;Requires the Secretary of the Treasury to reserve specified funds out of the federal unemployment account for such incentive payments&lt;/p&gt;

&lt;p&gt;Amends the Internal Revenue Code to extend through FY2013 the Federal Unemployment Tax Act (FUTA) excise tax imposed on every employer. &amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/15/2007: Referred to House subcommittee. Status: Referred to the Subcommittee on Income Security and Family Support.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">7326@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 02 Aug 2007 01:45:33 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 3, 2007, 18:11:28)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2233.html?rev=3568</link>
<description>&lt;p&gt;H.R. 2233 would provide for special transfers of funds to States to promote certain improvements in State unemployment compensation laws.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Unemployment Insurance Modernization Act - Amends the Social Security Act to require the Secretary of Labor to make unemployment compensation modernization incentive payments in FY2008-FY2012 to the accounts of the states in the Unemployment Trust Fund, by transferring amounts reserved for that purpose in the federal unemployment account.&lt;/p&gt;

&lt;p&gt;Prescribes a formula for determining the maximum allowable incentive payments.&lt;/p&gt;

&lt;p&gt;Specifies requirements state law must meet for the state to qualify for such a payment.&lt;/p&gt;

&lt;p&gt;Limits the use of transferred amounts to the payment of cash unemployment benefits to individuals (including for dependents' allowances and for unemployment compensation, exclusive of administrative expenses).&lt;/p&gt;

&lt;p&gt;Requires the Secretary of the Treasury to reserve specified funds out of the federal unemployment account for such incentive payments&lt;/p&gt;

&lt;p&gt;Amends the Internal Revenue Code to extend through FY2013 the Federal Unemployment Tax Act (FUTA) excise tax imposed on every employer. &amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/9/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">3568@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 03 Jul 2007 17:11:28 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (July 3, 2007, 18:11:28)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_2233.html?rev=3569</link>
<description>&lt;p&gt;H.R. 2233 would provide for special transfers of funds to States to promote certain improvements in State unemployment compensation laws.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Unemployment Insurance Modernization Act - Amends the Social Security Act to require the Secretary of Labor to make unemployment compensation modernization incentive payments in FY2008-FY2012 to the accounts of the states in the Unemployment Trust Fund, by transferring amounts reserved for that purpose in the federal unemployment account.&lt;/p&gt;

&lt;p&gt;Prescribes a formula for determining the maximum allowable incentive payments.&lt;/p&gt;

&lt;p&gt;Specifies requirements state law must meet for the state to qualify for such a payment.&lt;/p&gt;

&lt;p&gt;Limits the use of transferred amounts to the payment of cash unemployment benefits to individuals (including for dependents' allowances and for unemployment compensation, exclusive of administrative expenses).&lt;/p&gt;

&lt;p&gt;Requires the Secretary of the Treasury to reserve specified funds out of the federal unemployment account for such incentive payments&lt;/p&gt;

&lt;p&gt;Amends the Internal Revenue Code to extend through FY2013 the Federal Unemployment Tax Act (FUTA) excise tax imposed on every employer. &amp;lt;br&amp;gt; &amp;lt;br&amp;gt;&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 5/15/2007: Referred to House subcommittee. Status: Referred to the Subcommittee on Income Security and Family Support.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">3569@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 03 Jul 2007 17:11:28 EDT</pubDate>
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