H. R. 1959 proposes changes to the Internal Revenue Code of 1986 to shield small businesses from increased unemployment insurance premiums that result from unpaid state advances. The bill specifies that small businesses with fewer than 500 employees will not have their...
Simple Explanation
H.R. 1959 is a new idea to help small businesses with fewer than 500 workers by making sure they don't have to pay more money for jobless insurance if their state hasn't paid back certain loans. It aims to start working once it becomes a law.