Monday, February 08, 2010
Unemployment Bill Passes House
KENTUCKY....
Monday, House Bill 349 unanimously passed the House by a 97-0 vote. The bill is aimed at shoring up the state's Unemployment Insurance Trust Fund, which pays benefits to jobless Kentuckians. Under the bill, Kentucky employers would gradually pay more in taxes to fix the trust fund but not nearly as much as they would if the state continues borrowing to keep the fund afloat. If passed, in 2012, jobless workers would generally receive slightly less in weekly benefits and would have to wait a short time before receiving the assistance. As of December, Kentucky's unemployment rate was 10.7%, and the state has borrowed $645.1 million from the federal government since January 2009 to pay unemployment benefits to jobless workers.
Monday, House Bill 349 unanimously passed the House by a 97-0 vote. The bill is aimed at shoring up the state's Unemployment Insurance Trust Fund, which pays benefits to jobless Kentuckians. Under the bill, Kentucky employers would gradually pay more in taxes to fix the trust fund but not nearly as much as they would if the state continues borrowing to keep the fund afloat. If passed, in 2012, jobless workers would generally receive slightly less in weekly benefits and would have to wait a short time before receiving the assistance. As of December, Kentucky's unemployment rate was 10.7%, and the state has borrowed $645.1 million from the federal government since January 2009 to pay unemployment benefits to jobless workers.
# posted by Homer Owens @ 8:38 PM 
