The State Senate is deliberating on the COVID-19 recovery bill today, following initial passage in the House of Representatives last week. The bill would (1) freeze unemployment insurance rates for 2 years and avoid planned rate increases for 2021 and 2022, (2) provide for state tax exemption on any forgiven loans that small businesses received last year through the federal Paycheck Protection Program and (3) establish a new emergency COVID-19 paid leave program with up to one week of coverage (40 hours for FTE).
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