MN SF2362

Eliminates restrictions on wage credits for parents and children of business owners who own or control 25 percent or more interest in an employer.

Removes language that previously prohibited parents and children from using wage credits, while maintaining restrictions for spouses and the business owner themselves.

Maintains existing exemption allowing wage credits if applicant earned $7,500 or more from the employer in each of the 16 calendar quarters prior to the benefit account effective date and all taxes were paid.

Applies to officers of taxpaying employers subject to Minnesota unemployment compensation law.

Effective the day following final enactment.