MI SB1094

Creates a shared-work program allowing employers to reduce employee hours by 15-45% as an alternative to temporary layoffs, with participating employees receiving partial unemployment benefits based on the reduction percentage.

Requires employers to meet eligibility criteria including filing all required reports, maintaining a positive reserve account balance, and paying wages for 12 consecutive quarters before applying for plan approval.

Limits shared-work plans to 52 consecutive weeks or less with benefits capped at 20 times the weekly benefit amount per employee, with plans requiring unemployment agency approval within 15 days of application.

Exempts participating employees from unemployment and job-search requirements while in the plan, allows participation in approved training programs, and protects fringe benefits from reduction.

Establishes funding through available federal reimbursement with no employer charges, or requires employers to reimburse the state for 50% of benefits if only partial federal funding is available; effective January 1, 2013.