spot_imgspot_img

Unemployment benefit extension bill signed into law

(The Center Square) – A bill extending changes to unemployment regulations is now law in Rhode Island.

House Bill 5989A and Senate Bill 716aa were inked by Democratic Gov. Dan McKee on Friday. The bills are designed to get Rhode Island residents back into the workforce.

The bills were sponsored by House Small Business Committee Chairwoman Carol Hagan McEntee, D-Narragansett, and the late Senate Majority Whip Maryellen Goodwin, D-Providence.

“I introduced this bill because our small businesses are still struggling with a severe labor shortage,” McEntee said in a statement. “The changes to the unemployment system proved to be very beneficial to our small businesses and their employees, and with labor shortages still posing challenges in the state, it makes sense to extend this program that keeps our small businesses open and our employees working.”

According to a release, HB5989A and SB716aa feature an extension of sunset on laws enacted two years ago to raise wages people can earn before those unemployment benefits are reduced.

According to a release, the bills extend changes in the unemployment benefit to June 30, 2025.

Under the law, residents can earn half of their benefit amount before earnings are subtracted from unemployment benefits, according to a release. In the past, the threshold for those earnings was 20%. A worker earning a $300 per week benefit would have their wages subtracted once they make $60 weekly.

According to a release, the new law raises the wage threshold to $150 per week.

According to a release, the legislation will aid business owners in recovering as incentives are given to part-time workers who can take more shifts, work more hours, and still keep a portion of unemployment benefits.

Upon introducing the legislation in the last session, Goodwin said the “changes to get Rhode Islanders back to work” would have a “positive effect” on encouraging employees to work more.

“Given the labor shortage we are experiencing in our state, and nationwide, it makes sense … and (will) encourage Rhode Islanders who perhaps can’t yet transition to full-time work more hours,” Goodwin said at the time. “This will put more money in Rhode Islanders’ pockets, support families and help many small businesses that rely on part-time employees to keep their doors open.”

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_imgspot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Browns will move to Brook Park, Cleveland mayor says

(The Center Square) – The Cleveland Browns plan to...

Environmental agency suggests monitoring systems to detect air pollution

(The Center Square) — The Community Air Monitoring and...

Ruling on Illinois’ gun ban expected sometime after Monday

(The Center Square) – A ruling on whether Illinois’...

Nearly $10M spent in U.S. House District 14

(The Center Square) – In Georgia’s 14th Congressional District,...

Colorado lawmakers oppose increased federal control over National Guard

(The Center Square) - A bipartisan group of 124...

Lawmaker flags Sedona firearms ordinance ‘enforceability’

(The Center Square) – Arizona Rep. Quang Nguyen, R-Prescott...

Arizona tutoring program available until end of school year

(The Center Square) – The Arizona Department of Education's...

More like this
Related

Browns will move to Brook Park, Cleveland mayor says

(The Center Square) – The Cleveland Browns plan to...

Environmental agency suggests monitoring systems to detect air pollution

(The Center Square) — The Community Air Monitoring and...

Ruling on Illinois’ gun ban expected sometime after Monday

(The Center Square) – A ruling on whether Illinois’...

Nearly $10M spent in U.S. House District 14

(The Center Square) – In Georgia’s 14th Congressional District,...