Bill
Bill > H89
MA H89
Financing a program for improvements to the Unemployment Insurance Trust Fund and providing relief to employers and workers in the Commonwealth
summary
Introduced
03/10/2021
03/10/2021
In Committee
03/10/2021
03/10/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Financing a program for improvements to the Unemployment Insurance Trust Fund and providing relief to employers and workers in the Commonwealth
AI Summary
This bill provides financing for improvements to the Unemployment Insurance Trust Fund and relief to employers and workers in the Commonwealth. Key provisions include:
- Authorizing the Treasurer to issue up to $7 billion in special obligation bonds to reduce or avoid the need for federal advances to the Unemployment Insurance Trust Fund and to repay prior interest on federal advances.
- Establishing a COVID-19 Emergency Paid Sick Leave program, funded by the COVID-19 Emergency Paid Sick Leave Fund, that requires employers to provide employees with up to 40 hours of paid sick leave for COVID-19 related reasons, with reimbursement to eligible employers.
- Providing a tax credit for individuals who received unemployment compensation in 2020 and 2021 if their household income does not exceed 200% of the federal poverty level.
- Temporarily adjusting unemployment insurance contribution rates and establishing an additional excise on employers to fund the payment of interest on federal advances.
- Requiring the Department of Family and Medical Leave to analyze expanding the family and medical leave program to cover future communicable illnesses related to public health emergencies.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
House Committee on Ways and Means (H)
Last Action
Published as amended, see H90 (on 03/11/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/192/H89 |
Bill | https://malegislature.gov/Bills/192/H89.pdf |
Loading...