Relates to the election to have federal and/or state income tax deducted and withheld from an individual's unemployment insurance benefits

Summary

The bill amends New York's labor law so individuals receiving unemployment insurance can choose to have income tax taken out of each payment. It sets the federal withholding rate by reference to the Internal Revenue Code and a 4% rate for state tax, and lets claimants change their election later. The change takes effect immediately.

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