South Carolina · S. 688
Changes South Carolina unemployment tax rules and penalties
Changes how employers' unemployment tax rates are figured, using a longer record of unemployment payouts from their accounts. Sets a savings goal for the state's unemployment fund and adds a temporary extra charge on employers when the fund falls short. Increases the penalty for employers with unpaid unemployment tax liens by adding two percent to their tax rate.
Where it stands
- Proposed
- Passed House or Senate
- Passed both
- Became law
Latest: The Governor signed it. It's now law.
Details
- Bill number
- S. 688
- Official name
- DEW UI Tax Code
- Proposed by
- Sen. Massey and 1 other