MN SF192

Removes the December 31, 2020 expiration date from the exclusion of COVID-19-related unemployment claims in calculating employer experience ratings, making the exclusion permanent for all future calendar years.

For calendar year 2021, establishes a temporary experience rating calculation using 125 percent of total unemployment benefits from the 48-month period ending June 30, 2019, divided by the employer's taxable payroll for that same period.

Employers that do not qualify for the calendar year 2021 experience rate must be assigned a tax rate using the same 48-month period ending June 30, 2019 for their industry average experience rating.

Sets the taxable wage cap at $35,000 per employee for calendar year 2021 only, notwithstanding standard Minnesota statutes on taxable wage definitions.

All provisions are effective the day following final enactment.