2023 House Bill 4369

Employment security: funds; amount of money in the unemployment compensation fund; require the unemployment agency to post on its public website.

A bill to amend 1936 (Ex Sess) PA 1, entitled “Michigan employment security act,” (MCL 421.1 to 421.75) by adding section 10b.

Official record

AI Analysis – Experimental

Mandates the unemployment agency to publicly post and update monthly the balance of the unemployment compensation fund on its website. Additionally, it requires the agency to notify the state budget director and the senate and house appropriations committees if the fund's balance drops below $2.5 billion or $500 million.

Introduced in the House

April 11, 2023

Introduced by Rep. Pat Outman (R-91) and 12 co-sponsors

Co-sponsored by Reps. Robert Bezotte (R-50), Tom Kunse (R-100), Bill Schuette (R-95), David Martin (R-68), Timothy Beson (R-96), Thomas Kuhn (R-57), Matt Hall (R-42), Gregory Alexander (R-98), Jay DeBoyer (R-63), Ann Bollin (R-49), Mike Harris (R-52) and Luke Meerman (R-89)

Referred to the Committee on Ethics and Oversight