New Legislative UpdateOn December 19, 2011, Governor Rick Snyder signed legislation strengthening Michigan's unemployment insurance program. Additionally, on December 28, 2011, State Treasurer Andy Dillon and Department of Licensing and Regulatory Affairs Director Steven Hilfinger announced the repayment of Michigan's $3.2 billion Unemployment Trust Fund balance to the U.S. Treasury. The repayment to the federal government was made possible through this week's sale of variable rate demand bonds by the Michigan Finance Authority.
The following information listed below provides additional detail regarding recent unemployment insurance legislation.
Press Releases Regarding Unemployment Insurance Legislation
- Snyder signs bill to update workers' comp, unemployment insurance systems
- Michigan Finance Authority Issues $3.3 Billion in Unemployment Insurance Bonds
Recent Amendments to the Michigan Employment Security (MES) Act