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Unemployment Fund Loan Accountability: State Repayment Plans

This act requires states that borrowed over a billion dollars from the federal unemployment fund to submit a repayment plan. This aims to ensure the stability of unemployment benefits, indirectly affecting citizens' financial security if they lose their jobs.
Key points
States with large debts to the federal unemployment fund must submit a repayment plan.
The goal is to strengthen the stability of the unemployment support system.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_3745
Sponsor: Rep. Williams, Brandon [R-NY-22]
Process start date: 2023-05-26
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Unemployment Trust Fund Accountability Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3745.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-26.

What are the main provisions?

Key points include:

  • States with large debts to the federal unemployment fund must submit a repayment plan.
  • The goal is to strengthen the stability of the unemployment support system.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Williams, Brandon [R-NY-22].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Work and Welfare.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Labor Economy Benefits