Seyfarth Synopsis: On April 1, 2021, Massachusetts Governor Charlie Baker signed a new law
that, among other issues, addresses the solvency of the Commonwealth’s unemployment compensation fund by imposing an excise on wages and permitting the Commonwealth to issue bonds to fund unemployment. The law also includes tax relief provisions for employers and employees, including gross income exclusions for employers who received certain COVID-19 relief benefits and a tax deduction for some individuals who received unemployment compensation in 2020 or 2021. While the unemployment and tax relief provisions of the bill are now law, the Governor exercised his line-item veto power to send the section of the bill mandating COVID-19 emergency sick leave back to the Legislature with recommended amendments. The sick leave provisions would have required employers to provide COVID-19 emergency paid sick leave for absences related to COVID-19 or the vaccine. Governor Baker supports this provisi
Mon, 04/05/2021 - 1:13pm tim
by Timothy McQuiston, Vermont Business Magazine Regular weekly unemployment claims nearly doubled last week as claimants were required to refile. Labor Commissioner Michael Harrington said on Friday that the pandemic hit one year ago. The annual refiling then triggered the increase.
On March 28, 2020, the Labor Department reported 1,511 new weekly filings, an increase of 729. This week s filings, which are a recent high, are, however, 13,122 fewer than the same time last year.
Nationally, claims unexpectedly rose back over 700,000. These remain historically high numbers.
Weekly UI Report
Regular weekly UI claims in Vermont had been edging down since late January. Governor Scott signed the Executive Order March 13, 2020 and closed restaurants and bars after lunch on March 17.
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Hogan announces $3.9 billion in Rescue Act funding
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By Darryl Kinsey, Jr.
ANNAPOLIS (March 31, 2021) Unemployment Insurance and Broadband Access in Maryland could be strengthened thanks to assistance from the American Rescue Plan, according to Gov. Larry Hogan, R.
Hogan made the announcement during a press conference on Wednesday to detail where $3.9 billion in federal stimulus would be apportioned as a supplement to the current budget bill.
Of the $3.9 billion in federal funding, $1.1 billion has been set aside to provide additional funds for the Unemployment Insurance Trust Fund.
The increased support would stabilize unemployment insurance rates and keep the fund solvent for the next two years, according to Hogan.
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