[1] NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

 

Only the most recent FIR version (in HTML & Adobe PDF formats) is available on the Legislative Website.  The Adobe PDF version includes all attachments, whereas the HTML version does not.  Previously issued FIRs and attachments may be obtained from the LFC’s office in Suite 101 of the State Capitol Building North.

 

 

F I S C A L   I M P A C T   R E P O R T

 

 

 

SPONSOR:

Marquardt

 

DATE TYPED:

01/23/02

 

HB

169

 

SHORT TITLE:

Agricultural Workers Unemployment Benefits

 

SB

 

 

 

ANALYST:

Woodlee

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

NFI

NFI

NFI

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

Labor Department (LD)

 

SUMMARY

 

     Synopsis of Bill

 

House Bill 169 amends Section 51-1-42 NMSA 1978 to exclude temporary alien agricultural laborers from receiving unemployment compensation benefits.  Additionally, employers are not required to pay payroll tax for these employees.

 

     Significant Issues

 

According to the Labor Department, this bill will put New Mexico’s unemployment compensation laws in conformity with federal unemployment laws.  In addition, the agency indicates that if this bill does not pass, then employers may lose the current 5.1 percent payroll tax credit granted by the federal government. 

 

FISCAL IMPLICATIONS

 

There is no appropriation or significant fiscal implication associated with this bill.

 

MW/ar:prr


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