Unemployment benefits-apprenticeships.

03LSO-0425.L2

FISCAL NOTE (HB0116)

	FY 2004	FY 2005	FY 2006
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
FEDERAL FUNDS	0	62,133	126,666

Source of Revenue Increase: Unemployment Insurance Taxes

Assumptions: The UI experience rating system allows for the collection of benefit payments over a three-year period. One third of the estimated FY04 expenditure of $186,400 or $62,133 would be recouped in both FY05 and FY06. One third of the estimated FY05 expenditure of $193,600 or $64,533 would be recouped in FY06.

	FY 2004	FY 2005	FY 2006
NON-ADMINISTRATIVE IMPACT
Anticipated Expenditure Increase:
FEDERAL FUNDS	186,400	193,600	201,600

Source of Expenditure Increase: Federal Unemployment Insurance Trust Funds

Assumptions: An estimated 100 new individuals would receive unemployment benefits for 8 weeks. The estimated average weekly benefit amount will be $233, $242 and $252 in FY04, FY05 and FY06.

Prepared by:

Beth Nelson, Department of Employment

Phone:

777-6402