Date: August 8, 1966
Subject: Unemployment Tax Increases
Description: Passage of the bill requiring states to meet minimum federal standards for the amount and duration of state unemployment compensation benefits, extending coverage of the federal-state unemployment compensation system to an additional 2.3 million workers, providing a new program of extended benefits for jobless workers during national or state recessions, and financing the expanded program by increasing the federal unemployment tax from 3.1 percent to 3.3 percent in 1967 and increasing the taxable wage base from $3,000 to $4,800 by 1972.
Result: Bill Passed, 53-31
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