SS 038-20

The Department has statutory authority for the proposed rule.

“The department may adopt and enforce all rules which it finds necessary or suitable to carry out this chapter.” Wis. Stat. § 108.14(2).

“In limited circumstances as prescribed by rule of the department, the department may waive or decrease the interest charged under par. (a) or s. 108.17 (2c) (c).” Wis. Stat. § 108.22(1)(cm).

Estimate of the amount of time that state employees will spend developing the rule and other resources necessary to develop the rule:

The estimated time is 40 hours.

Description of all entities that may be affected by the proposed rule:

Employers subject to reimbursement financing for unemployment insurance.

Summary and preliminary comparison with any existing or proposed federal regulation that is intended to address the activities to be regulated by the proposed rule:

State law must to conform to and substantially comply with federal regulations. See 20 C.F.R. § 601.5.

Anticipated economic impact of implementing the rule (note if the rule is likely to have an economic impact on small businesses):

The proposed rule is expected to have an economic impact on employers subject to reimbursement financing, which may include small businesses, if those employers can take advantage of the interest waiver.

Contact Person: Janell Knutson, Director, Bureau of Legal Affairs, Unemployment Insurance Division, at [phone] or [e-mail].

Approval of the agency head or authorized individual:

             

______________________________________   _____________________

Pamela R. McGillivray, Chief Legal Counsel   Date Submitted