Bill To Shore Up Unemployment Fund Passes House

FRANKFORT, Ky. (AP) -- The Kentucky House has passed a bill backed by business and labor interests that would shore up the fund providing benefits to unemployed Kentuckians.

The bill cleared the House on a 95-0 vote Wednesday -- the third day of a special session. It now goes to the Senate, where a similar bill died during this year's regular session.

The bill seeks to protect the Unemployment Insurance Trust Fund, which has been strained by the state's double-digit 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 Kentuckians would eventually receive slightly less in weekly benefits.


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