Enacts the "Unemployment Insurance Liability Act" to require employers who relocate out of New York to continue contributing to the unemployment.

The "Unemployment Insurance Liability Act" requires employers who have relocated out of New York State to continue contributing to the unemployment insurance fund for two quarters after the relocation if former employees are receiving benefits. Employers must identify all employees terminated due to the relocation and include the amount of their weekly wages in the final quarterly payroll report submitted to the department of insurance. This ensures that the fund remains solvent and supports former employees who have lost their jobs due to the employer's relocation.

Enacts the "Unemployment Insurance Liability Act" to require employers who relocate out of New York to continue contributing to the unemployment.

The "Unemployment Insurance Liability Act" requires employers who have relocated out of New York State to continue contributing to the unemployment insurance fund for two quarters after the relocation if former employees are receiving benefits. Employers must identify all employees terminated due to the relocation and include the amount of their weekly wages in the final quarterly payroll report submitted to the department of insurance. This ensures that the fund remains solvent and supports former employees who have lost their jobs due to the employer's relocation.