H.R. 2806 would reform the Federal unemployment benefits system.

== Detailed Summary ==

<summary>
(Log inSafety Net Enhancement Act - Amends the Federal-State Extended Unemployment Compensation Act of 1970 to editrevise the wikifederal-state extended unemployment compensation program established under the Social Security Act (SSA) to revise the formula for &quot;on&quot; and be&quot;off&quot; indicators on the firststate level used to determine extended unemployment compensation benefit periods.

Amends the SSA to require: (1) an increase in earnings credited to provide a detailed summarystate account in the Unemployment Trust Fund when a state meets funding goals; and (2) a decrease in such earnings credited to a state account when the state fails to meet funding goals.

Excludes any interest premium or penalty from such requirement to the extent that it would result in an increase or decrease of more than .5 million in the bill!)amount creditable to any state account for any calendar quarter.

Amends the SSA to restrict interest-free advances to state accounts in the Fund to states which meet funding goals.

Amends the Internal Revenue Code to require: (1) state collection of federal unemployment tax; and (2) state distribution to unemployed individuals of state-specific information packets explaining unemployment insurance eligibility conditions.

Repeals the tax on unemployment compensation.

Requires the Secretary of Labor to establish a Safety Net Review Commission.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 9/11/2007: Referred to edit the wiki and be the firstHouse subcommittee. Status: Referred to update the status of the bill!)Subcommittee on Workforce Protections.
</status>

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== Points in Favor ==

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== Points Against ==

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