Bill > H89

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.

House Committee on Ways and Means (H)

https://malegislature.gov/Bills/192/H89