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A Senate bill introduced by Senator Debbie Stabenow (D-MI) on August 4, 2010, will, if passed, benefit those who have exhausted all of their benefits by providing an additional 20 weeks of unemployment benefits under a Tier 5. The bill has an unemployment rate threshold of 7.5% which requires states to have an unemployment rate at 7.5% or ...
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]
Amid the beginnings of a broad national economic recovery, unemployment in the cash-strapped state may average 11.8% for the year, according to projections published by the UCLA Anderson Forecast.
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Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
The Unemployment Compensation Extension Act of 2010 (Pub. L. Tooltip Act of Congress#Public law, private law, designation 111–205 (text)) is an American law that was signed into law by President Barack Obama in July 2010.
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