Bill To Bolster Unemployment Insurance Advances

By: Associated Press
By: Associated Press

FRANKFORT, Ky. (AP) -- A House committee has approved a bill to bolster the state's Unemployment Insurance Trust Fund, which provides benefits to jobless Kentuckians.

The measure won easy approval Tuesday from the House Labor and Industry Committee during the second day of a special legislative session. The bill now goes to the full House, which supported a similar measure during the regular session.

The trust fund has been strained by the state's higher unemployment rate during the national economic downturn.

Under the bill, Kentucky employers would gradually pay more in taxes to fix the trust fund but not nearly as much as they would if the state continues borrowing to keep the fund afloat.

Jobless workers would eventually receive slightly less in weekly benefits.


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