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91_HR0723
LRB9113720CBcb
1 HOUSE RESOLUTION
2 WHEREAS, The Unemployment Insurance Trust Fund is funded
3 by taxes paid by employers; and
4 WHEREAS, The Unemployment Insurance Trust Fund ended with
5 a balance of over $2 billion dollars at the end of 1999; and
6 WHEREAS, Benefits to unemployed workers could be paid for
7 nearly 20 months without a single tax dollar being paid into
8 the Trust Fund; and
9 WHEREAS, Sound public policy calls for a Trust Fund of
10 adequate size to pay benefits for unemployed workers without
11 unnecessarily draining away resources from employers that
12 could be better utilized in the Illinois economy; therefore
13 be it
14 RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
15 NINETY-FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
16 there be created a subcommittee on unemployment insurance of
17 the House Committee on Labor and Commerce; and be it further
18 RESOLVED, That the subcommittee be directed to conduct
19 hearings throughout the State during the year 2000,
20 accumulate data relating to House Bill 3157 and other issues
21 important to employees and employers regarding unemployment
22 insurance, and develop recommendations to be submitted to the
23 full House Labor and Commerce Committee, the Speaker of the
24 House, and the Minority Leader of the House by December 1,
25 2000.