New JerseyA4043220th Legislature (2024-2025)HouseWALLET

Redirects portion of worker's unemployment compensation trust fund contribution to unemployment compensation administration fund.*

Sponsored By: Joseph A. Lagana (Democratic), William B. Sampson IV (Democratic), Sumter, Shavonda E., Shirley K. Turner (Democratic), Anthony S. Verrelli (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Employers’ disability rates exclude certain benefit costs

New Jersey calculates covered employers’ State Disability Benefits Fund rates without counting family leave benefits, related worker contributions, or fund transfers. The calculation also excludes benefit increases from the July 1, 2020 weekly benefit rate change. The law took effect December 12, 2024, and applies to wages paid on or after January 1, 2024. These exclusions can lower employer contribution costs, but the provision gives no specific rate or dollar savings.

Workers’ unemployment payments partly fund program administration

Beginning January 1, 2024, New Jersey redirects 0.0200% of covered worker wages to the Unemployment Compensation Administration Fund. This covers workers at qualifying private employers, nonprofits, and government employers. The worker rate going to the unemployment compensation fund is 0.3625%. That rate is 0.0625% for workers at government employers that pay benefit costs instead of regular employer contributions. This redirects part of worker contributions; it does not establish an increase in the total worker rate.

Sponsors & Cosponsors

Sponsors

  • Joseph A. Lagana

    Democratic • Senate

  • William B. Sampson IV

    Democratic • House

  • Sumter, Shavonda E.

    Affiliation unavailable

  • Shirley K. Turner

    Democratic • Senate

  • Anthony S. Verrelli

    Democratic • House

Cosponsors

  • Angela V. McKnight

    Democratic • Senate

  • Shanique Speight

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 106 • No: 49

Senate vote • 10/28/2024

TABLE MOTION

Yes: 24 • No: 15

Senate vote • 10/28/2024

3RDG FINAL PASSAGE

Yes: 28 • No: 11

House vote • 6/28/2024

3RDG FINAL PASSAGE

Yes: 54 • No: 23

Actions Timeline

  1. Approved by Governor — P.L.2024, c.101.

    12/12/2024Governor
  2. Passed Senate, PBH — (28-11)

    10/28/2024Senate
  3. MOTION — To Table Sa (24-15) (Ruiz)

    10/28/2024Senate
  4. MOTION — To Sa (Schepisi)

    10/28/2024Senate
  5. Substituted for S3310

    10/28/2024Senate
  6. Received in Senate, SWR, 2nd Reading in Senate

    9/19/2024Senate
  7. Passed Assembly — (54-23-0)

    6/28/2024House
  8. Reported, 2nd Reading in Assembly

    5/16/2024House
  9. NOT, REP/ACA Assembly Labor Committee

    3/11/2024House
  10. Introduced, 1st Reading in Assembly, Referred to Assembly Labor Committee

    3/7/2024House

Bill Text

  • Version PL2024

    2/14/2025

  • Version AL2024

    1/27/2025

  • Assembly Labor (3/11/24 1R)

    10/29/2024

  • 6/25/24; 1R

    6/25/2024

  • Assembly Labor Substitute (5/16/24 1R)

    5/17/2024

  • Assembly Labor Substitute (3/11/24)

    3/12/2024

  • As Introduced

    3/8/2024

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