S 1330
110th Congress
Senate
Labor and Employment
Economics and Public Finance
Employment subsidies
Excise tax
Government trust funds
Taxation
Unemployment
Unemployment insurance
Wages
Worker Empowerment Act
Introduced: May 8, 2007
Introduced by:
Schumer, Charles E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2007
Read twice and referred to the Committee on Finance.
May 8, 2007
Introduced in Senate
Plain-English summary
Worker Empowerment Act - Amends the Social Security Act to require each state to implement a reemployment adjustment assistance program that provides payment of 50% of the amount by which the wages received by an individual at the time of his or her separation from employment exceeds (if at all) the wages received by such individual from reemployment.
Amends the Internal Revenue Code (relating to employment taxes) to impose a wage insurance contribution excise tax on every employer.
Establishes a Wage Insurance Trust Fund in the Treasury, to which the equivalent of any such taxes received shall be appropriated to carry out this Act.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1