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MI SR0059
Resolution
AI Summary
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Memorializes Congress to use federal stimulus dollars to offset the impending FUTA (Federal Unemployment Tax) increase on Michigan businesses due to the state's insolvency of its unemployment trust fund.
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Requests the Governor to advocate with the current administration for federal relief from the looming federal unemployment tax burden facing Michigan employers.
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Notes Michigan has over $2 billion in outstanding federal loans for unemployment benefits and faces automatic FUTA tax increases on approximately 220,000 businesses if the debt is not repaid by 2010.
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Acknowledges the Legislature's prior actions including extending unemployment benefits to 79 weeks and appropriating over $230 million in federal stimulus funds for job training and employment assistance.
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Directs copies of the resolution be sent to the President and Speaker of Congress, Michigan's congressional delegation, and the Governor of Michigan.
Legislative Description
A resolution to memorialize the Congress of the United States to authorize the use of federal stimulus dollars to offset the looming FUTA federal unemployment tax increase and to urge the Governor to use her influence in the current administration to zealously advocate for such relief for Michigan job providers.
Unemployment Benefit Funding
Last Action
Roll Call # 359 Yeas 36 Nays 0 Excused 1 Not Voting 0
6/25/2009