BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                    THIRD READING


          Bill No:  SJR 18
          Author:   Beall (D), et al.
          Amended:  As introduced
          Vote:     21

           
          SUBJECT  :    Emergency Unemployment Compensation:  extension

           SOURCE  :     Author


           DIGEST  :    This resolution proclaims the Legislatures support  
          for the extension of the Emergency Unemployment Compensation  
          program and memorializes the United States Congress to promptly  
          renew the extension of unemployment benefits.

           ANALYSIS  :    This resolution makes the following legislative  
          findings:

           1. In 2008, the United States suffered its worst economic  
             crisis since the Great Depression.  The economic downturn  
             resulted in a 10% unemployment rate nationwide by 2009 and a  
             rate as high as 12.4% in California.

           2. California's unemployed workers currently face one of the  
             toughest job markets in the country, with statewide  
             unemployment at 8.5% and three unemployed workers for every  
             available job.

           3. In 2009, Congress passed the Emergency Unemployment  
             Compensation (EUC) program which extended benefits to those  
             out of work for up to 99 weeks to give relief to many that  
             have endured an extended period of unemployment.  Unemployed  
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             workers in California receive 37 weeks of EUC, and 26 weeks  
             of state benefits, averaging just $292 a week.  On December  
             28, 2013, the EUC program expired without an extension from  
             Congress.  On that day, 214,000 unemployed workers ran out of  
             EUC in California and 12,500 more will be doing so daily.

           4. The EUC program brought $4.5 billion in benefits to the  
             California economy in 2013 alone.  It is crucial for the  
             United States government to take action in renewing the EUC  
             program and extending the unemployment benefits that millions  
             of people direly need. 

          This resolution supports the extension of the EUC program and  
          respectfully memorializes the United States Congress to promptly  
          renew the extension of unemployment benefits that will  
          tremendously aid millions of people.

           FISCAL EFFECT  :    Fiscal Com.:  No


          PQ:d  1/29/14   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  NONE RECEIVED

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