❌ HB321
Revise Unemployment Compensation Law
Current Status: In House Committee (Public Insurance and Pensions)
Summary
HB321 amends various sections of the Ohio Revised Code to increase the taxable wage base under the Unemployment Compensation Law and mandates that employees of contributory employers pay a contribution when their employer has a negative account balance in the Unemployment Compensation Fund.
Rationale
The bill increases government control over employment and taxation by mandating contributions from employees based on employer account balances, which conflicts with Libertarian principles of minimal government intervention and individual freedom in economic matters.
Risks and Concerns
- Increased financial burden on employees
- Potential for reduced employment opportunities due to higher costs for employers
- Encouragement of government dependency on unemployment funds