NJ Gov. Signs Unemployment Accounts Bill Into Law

Law360, New York (August 20, 2013, 10:20 PM ET) -- New Jersey Gov. Chris Christie on Monday signed into law legislation that bars the state from crediting employer unemployment insurance accounts for erroneous charges and benefit payments if employers wait too long to get back to it with information on the claims.

In New Jersey, employers must pay unemployment taxes into a state pot, and when the state pays benefits to a former employee, the employer's unemployment insurance account is credited for an amount equal to the benefit payout. But Senate Bill 2739 prohibits the state Department...
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