Treating the UI Trust Fund as a sugar daddy is a very temporary high with big let down
FOR IMMEDIATE RELEASE
Contact: John Kabateck, California State Director, 916-956-9027, [email protected]
or Tony Malandra, Senior Media Manager, 415-640-5156, [email protected]
SACRAMENTO, Calif., Sept. 7, 2023—From John Kabateck, California state director for the National Federation of Independent Business (NFIB) on today’s Assembly Appropriations Committee passage of Senate Bill 799.
“No one is at all surprised by today’s vote in the Assembly Appropriations Committee to pass Senate Bill 799 along to the full Assembly, not given the ideological composition of this Legislature and its track record for the past three years of shunning California’s small businesses when it’s not outright distaining them.
“So, we’re taking an unemployment trust fund that the Legislature’s own analyst says is ‘now structurally insolvent’ and instead of lawmakers finding ways to firm up the fund to keep benefits going to those workers who’ve lost their jobs through no fault of their own, we’re now adding to the fund’s financial burden by also giving UI benefits to workers who willing choose to leave their jobs to go out on strike, thumbing their noses at 70 years of precedence while doing so. What a great period of state governance we’re living under.
“We hope the full Assembly gives SB 799 a much closer look, given that the unemployment benefits language was only recently put into the bill after it was gutted and amended from its original topic. Upon more careful consideration, we believe more lawmakers will come to see the harmful effects on employers of all-size businesses.”
More detailed information can be found in this morning’s news release issued by NFIB.
Keep up with the latest on California small-business news at www.nfib.com/california or by following NFIB on Twitter @NFIB_CA or on Facebook @NFIB.CA.
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For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since its founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.
NFIB California
915 L. Street, Suite C-411
Sacramento, CA 95814
916-448-9904
www.nfib.com/CA
Twitter: @NFIB_CA
Facebook: @NFIB.CA
