Bill: HB 7, 87(R) - 2021

Committee

House International Relations & Economic Development

2nd Chamber Committee

Senate Natural Resources and Economic Development

Vote Recommendation

Vote Recommendation	Economic Freedom	Property Rights	Personal Responsibility	Limited Government	Individual Liberty
Neutral	Neutral	Neutral	Neutral	Neutral	Neutral

Author(s)

Angie Chen Button

Brooks Landgraf

Will Metcalf

Eddie Rodriguez

Shawn Thierry

Co-Author(s)

Charles Anderson

Cecil Bell Jr.

Briscoe Cain

Travis Clardy

David Cook

Jake Ellzey

Sam Harless

Lacey Hull

Stan Lambert

Ben Leman

Eddie Morales

Leo Pacheco

Dennis Paul

Ron Reynolds

Scott Sanford

Carl Sherman

David Spiller

Ed Thompson

Cody Vasut

Gene Wu

Bill Caption

Relating to the computation of the replenishment ratio used to determine an employer's unemployment compensation tax rate.

Fiscal Notes

No significant fiscal implication to the State is anticipated. However, the Unemployment Trust Fund Account, held outside the State Treasury, would incur an estimated deficit of $5.4 billion for tax years 2021 and 2022.

Bill Analysis

HB 7 would bar the unemployment commission from including the amount of benefits paid to be charged to an employer if the Governor declares at least 50% of the counties in Texas to be in a state of disaster or emergency.

Vote Recommendation Notes

Texas Action is neutral on HB 7. While HB 7 does increase government spending, it also protects small businesses who lost employees due to forced government shutdowns.

Source URL (retrieved on 05/08/2024 02:05 PM): http://reports.texasaction.com/bill/87r/hb7?print_view=true