February 16, 2010
Today the Florida Legislature advanced legislation to relieve Florida employers of the exorbitant unemployment tax rate bills they are currently facing. The Senate Ways & Means Committee unanimously passed SB 1666, and a few minutes later the House Finance & Tax Council unanimously passed the companion measure HB 7033. Both bills address the tax amounts employers must pay this year in the following ways:
These bills will now move to the floors of their respective chambers for final passage. AIF anticipates the Legislature will pass this important measure on March 2nd - the opening day of the 2010 Legislative Session.
AIF salutes Senate President Jeff Atwater and House Speaker Larry Cretul for their steadfast commitment to helping Florida’s economy by allowing our state’s unemployment tax system to be manageable and predictable in these critical times of economic recovery. This measure will free up critical capital that many companies will use for expanding their workforce and creating more jobs in this state.
Please contact your state legislators in the next few days and thank them for their support of this legislation that is vital to Florida’s economic recovery and future success.