Colorado lawmakers unveiled a bipartisan bill that aims to put $600M toward the state’s Unemployment trust fund to pay off more than half the debt Colorado owes to the federal government for supporting its unemployment payments during the recession.
Additionally, the sponsors of the bill said in a news conference Wednesday that it would extend some unemployment provisions that have been in place during the pandemic to help lower-wage workers, people excluded from receiving unemployment payments, and cut wait times for people seeking unemployment benefits.
Even though the federal government also rolled out several of its own unemployment programs later that spring, and further on during the pandemic, that money did not come from state funds. As unemployment has continued to drop since mid-2020, the CDLE and lawmakers have discussed needing to address the debt to the federal government. In January, CDLE Principal Economist Ryan Gedney said the department was working with lawmakers on solutions to paying back the fund.
That compromise was unveiled by Sen. Chris Hansen , Rep. David Ortiz , Sen. Bob Rankin and Rep. Marc Snyder on Wednesday. The sponsors praised the insurance the fund provided for unemployed Coloradans and said it had done exactly what it was designed to – provide insurance for people who might suddenly lose their jobs and need money to pay for rent, groceries and other necessities.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ripple Names New Companies to Start Making NFTs on XRP Ledger Using $250 Million Creator FundRipple has unveiled the final teams of NFT makers to join the company's Creator Fund that offers $250 million of funding
Weiterlesen »
Xcel Energy agrees to shut down Comanche 3 early, ending use of coal in Colorado by 2031An agreement announced Tuesday would close a coal-fired power plant with longstanding mechanical and operational problems early, ending Xcel Energy’s use of coal in Colorado by the start of 2031. via denverpost
Weiterlesen »
Xcel Energy proposes shutting Comanche 3 early, ending use of coal by 2031A coal-fired power plant in Pueblo with longstanding mechanical and operational problems would close by the start of 2031 under an agreement announced Tuesday by Xcel Energy-Colorado and several lo…
Weiterlesen »
Matt Gray, Colorado lawmaker arrested on DUI suspicion, will not seek reelectionNEW: Broomfield Democrat Matt Gray, recently arrested on DUI suspicion while picking his children up from school, will not seek reelection, according to a letter obtained by The Denver Post. Democrats will pick a new candidate by vacancy committee.
Weiterlesen »
Colorado Democrats introduce “monumental” labor bill after significantly narrowing itAfter threatening its introduction for months, Colorado Democrats are finally ready to debut what would arguably be the most significant pro-labor legislation in this state in years.
Weiterlesen »
Mad dash at Capitol as big deadline loomsGov. Gavin Newsom’s proposals to pause the diesel sales tax and gas excise tax, both of which face end-of-week deadlines to take effect by July, appear to be dead, as the Legislature has yet to introduce any bills on the matter
Weiterlesen »