SB3140: Unemployment Insurance Modernization and Recession Readiness Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to modernize unemployment compensation benefits.
Plain-language summary
This bill aims to update the unemployment insurance system, which provides temporary income support to workers who lose their jobs. Unemployment insurance is a joint federal-state program funded by employer taxes. The bill was introduced in the Senate and has sponsors from both parties focused on labor issues. The specific modernizations proposed are not detailed in the information available. The bill is currently in the early stage after introduction and has not yet been assigned to a for review.
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SB3140: Unemployment Insurance Modernization and Recession Readiness Act
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Sponsors
Ron Wyden
Primary SponsorCo-sponsors (7)
Michael Bennet
John Fetterman
Elizabeth Warren
Sherrod Brown
Jack Reed