Senate LCI Committee hears SUTA revision bill Thursday
This Thursday, the 7th, the full LCI Committee will take under consideration Scenario 23, which seeks to provide relief for tiers 13-20 of about 30-35%, depending on the figures. This is still a massive increase for employers in all those tiers. This does begin the process of tempering the tax hike, reported to be the largest in SC business history.
The process of reviewing this tax bill has brought about several positive by products. Discussion about correcting flawed SC DEW procedures and improving accuracy has come to the forefront. Alternative ideas about how to pay benefits, who should pay for benefits, tax breaks for hiring those claiming benefits…etc….have taken place. This bill revision is only the start of comprehensive SUTA improvements the state is wrestling with.
Continue to write or call the Governor and your congree people about this issue. We are down to a couple weeks so whatever push we can get, nows the time to do it!
Herb