HB 202: DLIR; EMPLOYMENT SECURITY LAW; ADEQUATE RESERVE FUND; ACTUARIAL STUDY; REPORT

Session Year: 2025-2026
House: House
Latest Version Date: 2025-04-04

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Amends the definition of "adequate reserve fund" by increasing the multiplier used to calculate its amount from the existing factor of 1, to unspecified amounts for calendar year 2026 and for calendar year 2027 and thereafter. Requires the Department of Labor and Industrial Relations to conduct an actuarial study and report to the Legislature. Effective 7/1/2050. (SD2)

Discussed in Hearing