SENATE LABOR COMMITTEE

STATEMENT TO

SENATE, No. 2504

STATE OF NEW JERSEY

DATED:  AUGUST 10, 2020

      The Senate Labor Committee reports favorably Senate Bill, No. 2504.

      This bill excludes from the calculation of employer contributions to the State unemployment compensation fund any unemployment benefits paid during the public health emergency and state of emergency declared by the Governor on March 9, 2020, and any subsequent extensions of that public health emergency and state of emergency.  It also exempts nonprofit organizations and governmental entities or instrumentalities which elect to make payments in lieu of contributions from liability for payments in lieu of contributions with respect to payments of unemployment benefits made during that public health emergency and state of emergency and any extensions of that public health emergency and state of emergency.