91st General Assembly
Summary of HB0653
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House Sponsors:

Short description: 
UNEMP INS-BUSINESS SALE-CERT                                               

Synopsis of Bill as introduced:
        Amends the Unemployment Insurance Act.   Provides  that  if  the       
   seller  or transferor of a business has filed all required reports and      
   has paid  the  required  contributions,  interest,  and  penalties  on      
   reported wages, the Director of Employment Security must issue, within      
   21  days,  a  certificate releasing the purchaser or transferee of the      
   business from all known and unknown liabilities to the  Department  of      
   Employment   Security   for  contributions,  interest,  and  penalties      
   incurred by the seller or transferor. Provides that  the  Director  is      
   not  required  to release the seller or transferor from contributions,      
   interest, and penalties on unreported wages.                                
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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