Referred to the Subcommittee on 21st Century Competitiveness.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Sep 19, 2002
Employment Security Reform Act of 2002 - Amends the Internal Revenue Code (IRC) to revise Federal Unemployment Tax Act (FUTA) employer excise tax rate requirements. Reduces the current FUTA employer tax rate of 6.2 percent of total employee wages before the State credit and 0.8 after the State credit to: (1) 6.0 and 0.6 in 2003 and 2004; (2) 5.8 and 0.4 in 2005 and 2006; and (3) 5.6 and 0.2 in 2007 and each succeeding calendar year.Amends the Federal-State Extended Unemployment Compensation Act of 1970 to repeal certain State law extended benefit requirements.Revises requirements relating to funding and administration of unemployment compensation and public employment service systems under the Social Security Act (SSA), the Wagner-Peyser Act, and IRC FUTA.Amends SSA title IX provisions (also known as the Reed Act) to revise special Reed Act transfers in FY 2004 and 2005. Repeals: (1) special rules for State Reed Act appropriation laws; (2) special conditions on recent Reed Act distributions; and (3) restoration authority.Provides for transfer of Federal equity in State employment security agency real property to the States.Provides for: (1) IRC treatment of short-time compensation programs; (2) IRC treatment of pension rollovers for purposes of unemployment compensation determinations; and (2) Federal disclosure, under SSA, of certain information in the National Directory of New Hires to assist in State administration of unemployment compensation programs.Repeals provisions of Federal civil service law that limit the eligibility of certain Federal employees for unemployment compensation and employment services.
Referred to the Subcommittee on 21st Century Competitiveness.
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
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Source last updated: Mar 23, 2026. Consult Congress.gov for the current record.
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