legislation: 97-hr-6767

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-hr-6767 97 hr 6767 A bill to amend the Internal Revenue Code of 1954 to provide that the provisions which increase the Federal unemployment tax in States with outstanding Federal loans will not apply to States with high rates of unemployment and large outstanding loan balances and to provide that such States will not be required to pay interest on such loans. Labor and Employment 1982-07-15 1982-07-20 Referred to Subcommittee on Public Assistance and Unemployment Compensation. House Rep. Albosta, Donald J. [D-MI-10] MI D A000076 14 Amends the Internal Revenue Code to provide that the credit against employment tax liability available to an employer shall not be reduced due to any unpaid balance of loans made to the unemployment account of a State in which: (1) the unemployment rate for a specified period is seven percent or more; and (2) the balance of loans made to the unemployment account is at least $1,000,000,000. Amends title XII (Advances to State Unemployment Funds) of the Social Security Act to provide that States with such unemployment rates and loan balances shall not be required to pay interest on such loans. 2024-02-07T16:32:33Z  

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