An Act amending the act of December 5, 1936 (2nd Sp.Sess., 1937 P.L.2897, No.1), known as the Unemployment Compensation Law, in administration of act, further providing for State Unemployment Compensation Advisory Counsel.

SB 743 amends Pennsylvania's 1936 Unemployment Compensation Law to require the Department of Labor and Industry to submit an annual report by March 1st evaluating the unemployment fund's financial health. The report must include specific, detailed unemployment statistics - such as the percentage of long-term unemployed individuals, job losers, discouraged workers, and marginally attached workers relative to the civilian labor force. This requirement applies directly to the state department, which must also post the report online. The bill does not change benefit eligibility or funding but adds standardized data collection for transparency and program oversight. (This is a procedural reporting change, not a substantive policy shift.)