New York A01152 mandates the Department of Labor to gather and report specific data on requests for federal Title XII advances for the state.

New York A01152 amends the labor law to require the Department of Labor to collect and report detailed information regarding requests from the governor or the governor's authorized agent for federal Title XII advances for the state unemployment trust fund. The report must include the total dollar amount requested, the advance requested for each month of the three-consecutive-month loan period, the current interest rate, reasons for the request, any supplemental or amended requests, the anticipated repayment date, and the impact on employers if the state fails to repay the loan.

New York A01152 mandates the Department of Labor to gather and report specific data on requests for federal Title XII advances for the state.

New York A01152 amends the labor law to require the Department of Labor to collect and report detailed information regarding requests from the governor or the governor's authorized agent for federal Title XII advances for the state unemployment trust fund. The report must include the total dollar amount requested, the advance requested for each month of the three-consecutive-month loan period, the current interest rate, reasons for the request, any supplemental or amended requests, the anticipated repayment date, and the impact on employers if the state fails to repay the loan.