St. Paul, MN – Following last Thursday’s House vote, Governor Walz has signed into law the Unemployment Trust Legislation that fully repays the fund and ends the state’s payment of $50,000 to the federal government.
“This is much-needed legislation that will ease the burden of our job creators and restore trust in the legislature,” Representative Brian Johnson, R-Cambridge, said.
The legislation provides $2.7 billion to fully repay the unemployment trust fund that had been depleted during the COVID-19 pandemic. Additionally, the bill provides $500 million in frontline worker pay and $190 million to the Minnesota Management and Budget agency for COVID-19-related expenses.
Job creators who have questions regarding the unemployment trust fund can find answers here.