LOU LEG Unemployment Compensation

Published on: Jun 23, 2025

On Jun. 11, LOU LEG enacted bill on social charge account, notices.

  • LOU LEG enacted bill SB 248 on unemployment compensation, separation notices.
  • Amends LOU LEG 23:1541(A) (notice of benefits charged against employer experience rating, employer right to contest, more), LOU LEG 23:1576 (notice of separation).
  • Document dated Jun. 11, 2025, received from LOU LEG Jun. 18, summarized Jun. 22.
  • Bill Provisions
  • Removes requirement that benefits paid for unemployment due to hurricanes Katrina and Rita be recouped through the social charge account, spread to all employers.
  • Notice of separation must be electronically transmitted to administrator and mailed, delivered or transmitted to the separated employee within 10 days after separation.
  • Legislative History
  • On May 19, 2025, bill introduced in Senate; on May 21, 2025, bill passed in Senate.
  • On Jun. 3, 2025, bill introduced in House; on Jun. 4, 2025, bill passed in House.
  • On Jun. 11, 2025, SB 248 was signed by the governor, and assigned Act 340.
  • Effectiveness
  • Act 340 becomes effective on Aug. 1, 2025.
Regulators
LOU LEG
Entity Types
Bank; Corp; CU; Ins; Thrift
Reference
Act 340, SB248, 6/11/2025; Citation: *LOU LEG* 23:1541, 23:1576;
Functions
Compliance; Financial; Legal; Operations; Reporting
Countries
United States of America
Category
State
N/A
Products
Banking; Corporate; Insurance; Insurance-Casualty; Insurance-Health; Insurance-Life; Insurance-Property; Unemployment
Rule Type
Final
Regions
Am
Rule Date
Jun 11, 2025
Effective Date
Aug 1, 2025
Rule ID
259097
Linked to
N/A
Reg. Last Update
Jun 11, 2025
Report Section
US Consumer