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2004 SESSION

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SB 664 Unemployment compensation; introduction of legislation affecting State revenue.

Introduced by: Frank W. Wagner | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Unemployment compensation; bills affecting revenue of the Commonwealth. Provides that bills enhancing unemployment compensation benefits payable to a claimant must contain a statement prepared by the Virginia Employment Commission, in consultation with the Department of Planning and Budget, estimating potential revenue losses, in the form of decreased tax revenues, to the Commonwealth. The bill provides that no bill enhancing unemployment compensation benefits can be considered at a regular session of the General Assembly unless the bill contains the revenue loss statement in the second or final enactment clause.


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