Amends the Tax Equity and Fiscal Responsibility Act to provide that States which allow certain small businesses to pay a nonexperience-based State unemployment tax rate below 5.4 percent may gradually increase the unemployment tax rate for such businesses over a four-year period to equal the new 5.4 percent standard State unemployment tax rate for 1985 and thereafter.
Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department, Labor Department.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported.
Reported to House by House Committee on Ways and Means. Report No: 98-1043.
Reported to House by House Committee on Ways and Means. Report No: 98-1043.
Placed on Union Calendar No: 587.
Called up by House Under Suspension of Rules.
Passed/agreed to in House: Passed House by Voice Vote.
Passed House by Voice Vote.
Held at the desk by unanimous consent.
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
Passed Senate without amendment by Voice Vote.
Enacted as Public Law 98-601
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Measure Signed in Senate.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 98-601.
Became Public Law No: 98-601.