Current through Public Act 103-1052
Section 820 ILCS 405/1506.6 - Surcharge; specified period(I) If and only if funds from the State treasury are not appropriated on or before January 31, 2023 that are dedicated to pay all outstanding advances made to the State's account in the Unemployment Trust Fund pursuant to Title XII of the federal Social Security Act, then this Part (I) is inoperative retroactive to January 1, 2023. For each employer whose contribution rate for calendar year 2025 is determined pursuant to Section 1500 or 1506.1, in addition to the contribution rate established pursuant to Section 1506.3, an additional surcharge of 0.350% shall be added to the contribution rate. The surcharge established by this Section shall be due at the same time as other contributions with respect to the quarter are due, as provided in Section 1400. Payments attributable to the surcharge established pursuant to this Section shall be contributions and deposited into the clearing account.(II) This Part (II) becomes operative if and only if funds from the State treasury are not appropriated on or before January 31, 2023 that are dedicated to pay all outstanding advances made to the State's account in the Unemployment Trust Fund pursuant to Title XII of the federal Social Security Act. If this Part (II) becomes operative, it is operative retroactive to January 1, 2023. For each employer whose contribution rate for calendar year 2024 is determined pursuant to Section 1500 or 1506.1, in addition to the contribution rate established pursuant to Section 1506.3, an additional surcharge of 0.350% shall be added to the contribution rate. The surcharge established by this Section shall be due at the same time as other contributions with respect to the quarter are due, as provided in Section 1400. Payments attributable to the surcharge established pursuant to this Section shall be contributions and deposited into the clearing account.Amended by P.A. 102-1105,§ 5, eff. 1/1/2023.Amended by P.A. 102-0700,§ 105-5, eff. 4/19/2022.Amended by P.A. 102-0671,§ 90, eff. 11/30/2021.Amended by P.A. 101-0633,§ 20, eff. 6/5/2020.Amended by P.A. 101-0423,§ 15, eff. 1/1/2020.Amended by P.A. 100-0568,§ 5, eff. 12/15/2017.Amended by P.A. 099-0488,§ 5, eff. 12/4/2015.Added by P.A. 097-0621,§ 15, eff. 11/18/2011.