August 16, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Colorado lawmakers plan to both replenish the unemployment insurance trust fund and overhaul the system 

1 min read

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Colorado lawmakers are planning to introduce a bill as soon as this week that would overhaul the state’s unemployment system and also send roughly $600 million to the depleted unemployment insurance trust fund to lower a $1 billion federal debt hanging over employers. 

The $600 million replenishment was expected — Gov. Jared Polis made the recommendation in November — but the changes to the unemployment system are a surprise that comes after months of behind-the-scenes negotiations between lawmakers, Polis’ office, the business community and progressive fiscal groups. 

Many of the systemic changes proposed in the forthcoming bill are extensions of temporary changes made during the pandemic. Some details are still being negotiated, but the alterations are slated to include…

Tamara Chuang

2022-04-19 04:49:00

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