MI SB1267

Amends Michigan's unemployment compensation law to modify requirements for employers applying for shared-work plan approval with the unemployment agency.

Requires employers to have filed all required quarterly reports, paid all assessments and contributions, maintained a positive reserve account balance (if contributing employer), and paid wages for 12 consecutive quarters before applying.

Mandates employer applications include assurances that they will provide required reports, not hire or transfer employees to affected units, not lay off participating employees beyond the agreed reduction percentage, and obtain collective bargaining approval where applicable.

Requires employers to certify that the shared-work plan implementation is in lieu of layoffs affecting at least 15% of employees in the affected unit with equivalent work hour reductions.

Effective January 2, 2013, and permits employers to apply for approval of multiple shared-work plans.