California SJR15 urges Congress to prevent increased federal unemployment taxes due to state debt in the federal Unemployment Trust Fund.
California SJR15 addresses the issue of California's significant debt in the federal Unemployment Trust Fund, which currently exceeds $20 billion. This debt results from increased unemployment filings and fraud, leading to higher federal unemployment taxes for businesses. The resolution urges the United States Congress to enact federal legislation ensuring that businesses are not penalized with increased taxes due to state decisions causing increased filings, shutdowns, or lapses in fraud prevention programs.
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