AN ACT CONCERNING THE AMOUNT OF WAGES AN EMPLOYER MUST PAY TO BE SUBJECT TO THE PROVISIONS OF THE UNEMPLOYMENT COMPENSATION ACT.

HB 5794 adjusts the wage threshold requiring employers to contribute to Connecticut's unemployment compensation system. Specifically, it mandates that the minimum quarterly wage amount an employer must pay to be subject to the Unemployment Compensation Act be increased annually based on the consumer price index. This change directly affects small businesses that previously operated below the threshold, potentially lowering their administrative costs by aligning the requirement with inflation. The bill modifies existing law (section 31-223 of the general statutes) to implement this automatic annual adjustment.