BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 2030
                                                                  Page  1

          Date of Hearing:   May 5, 2010

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                   AB 2030 (Yamada) - As Amended:  April 12, 2010 

          Policy Committee:                              InsuranceVote:7-5

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              

           SUMMARY  

          This bill establishes the Self-Employment Assistance Program  
          (SEA) and requires unemployment insurance (UI) benefits be paid  
          to eligible individuals who are pursuing training related to  
          self-employment. Under current law these benefits are not paid  
          to individuals particpiating in this type of training. This bill  
          requires the SEA weekly benefits to be equal to current law UI  
          benefits. This bill limits the number of SEA UI beneficiaries to  
          5% of the total statewide UI beneficiaries.

           FISCAL EFFECT  

          1)On-going costs from the UI Trust fund of more than $50 million  
            (employer financed special fund) to provide benefits to more  
            than 5,000 SEA participants who would have otherwise not drawn  
            benefits. This estimate assumes average weekly benefits paid  
            out over 26 weeks, the standard UI duration when emergency  
            extensions are not available.

          2)This bill limits SEA to 5% of individuals receiving UI  
            benefits. Under current law that would allow for the  
            enrollment of up to 37,000 people in SEA. 

          3)The California UI trust fund is insolvent due to the chronic  
            underfunding of the UI system. The system is financed by  
            unemployment tax contributions paid by employers. Recent  
            estimates show a $7 billion deficit in the 2009 calendar year,  
            rising to $18 billion in 2010 and $27 billion in 2011.  
            California has borrowed about $4 billion from the federal  
            government, permitting California to make benefit payments to  
            UI claimants without interruption. Federal loans lasting more  
            than one year generally accumulate interest charges of about  








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            five percent per year on the outstanding balance.

           COMMENTS  

           1)Rationale  . This bill re-establishes the Self-Employment  
            Assistance Program. This program was originally established by  
            SB 1482 (Watson), Chapter 1116, Statutes of 1994. Under  
            federal law, California has the authority to establish this  
            type of program and the author indicates this bill will help  
            individuals who wish to start their own business to return to  
            work via self-employment. Under current law, individuals  
            pursuing training to become self-employed as small business  
            owners do not qualify for UI benefits. This bill establishes  
            this eligibility. 
           
           2)UI Benefits  . The UI program is a federal-state program that  
            provides weekly UI payments to eligible workers who lose jobs  
            through no fault of their own. The UI program is financed by  
            unemployment tax contributions paid by employers for each  
            worker. During relatively low rates of unemployment, eligible  
            individuals receive weekly UI payments for up to 26 weeks. Due  
            to current high rates of unemployment the federal government  
            has provided emergency extensions to these benefits.  
            California, a state with one of the highest unemployment rates  
            nationally (now over 12%) has qualified for the lengthiest  
            extension of benefits available to states.

           3)Past Experience with SEA  . Under a previous iteration of the  
            SEA program, of the 52 service delivery areas statewide, only  
            five programs agreed to operate the program and by the summer  
            of 1997, all but two of the service delivery areas dropped the  
            SEA program due to lack of interest. Despite efforts by EDD to  
            market the program and local efforts to engage claimants, the  
            SEA program failed to gain traction at that time. 
           
          4)UI Trust Fund Deterioration  . Due to chronic underfunding of  
            the UI Trust Fund, California faces UI insolvency for the  
            foreseeable future. The UI program is financed by employers  
            who pay taxes each year on wages paid up to $7,000 for each  
            employee. California's tax rate for UI is the lowest allowed  
            by federal law and has not been increased since the 1980s.  
            Other large states have taxable wage bases that range up to  
            $12,500. Almost 20 states have a taxable wage base of more  
            than $15,000 and range up to $35,000. Taxable wages in  
            California are neither indexed nor inflation-adjusted. These  








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            factors and the major increases in unemployment have generated  
            the UI Trust Fund insolvency.



           Analysis Prepared by  :    Mary Ader / APPR. / (916) 319-2081