MN SF3923

Appropriates $2.73 billion ($2.32 billion from federal fiscal recovery fund and $408.47 million from general fund) to repay federal unemployment insurance trust fund loans and replenish the state unemployment insurance trust fund.

Sets the unemployment insurance base tax rate at 0.1% and eliminates the additional assessment (0%) for calendar years 2022 and 2023; establishes a zero percent special assessment rate for 2022 only.

Authorizes payments up to $1,500 per eligible frontline worker employed at least 120 hours during March 15, 2020 to June 30, 2021 in designated sectors (healthcare, retail, food service, manufacturing, schools, and others) with income limits of $175,000-$350,000 depending on occupation and filing status.

Appropriates $1 billion for frontline worker payments plus $4.23 million for administrative costs and outreach, with applications to open and close within 45 days.

Repeals a previous revenue replacement transfer provision related to state fiscal recovery federal funds.