Lawmakers Reach Deal On Unemployment Insurance, ‘Hero Pay’
ST. PAUL, Minn. (AP) – Minnesota legislative leaders have reached a deal to refill the state’s unemployment insurance trust fund and to pay bonuses to frontline workers.
The tentative agreement includes $2.7 billion to replenish the trust fund and pay back a debt to the federal government for jobless aid, and $500 million for frontline worker bonus checks.
About 667,000 workers will be eligible for the $750 bonus checks. Legislative leaders announced the deal during a MinnPost panel discussion Thursday.
They say they hope to have the bill for Gov. Walz to sign on Friday to avoid a Saturday deadline for higher tax bills on employers.