Home >> Research >> Public Benefits

More Information

Related Topics

• Your County and the ACA
• Testimony on Texas HHSC LAR
• Choices and Challenges: How Texas County Uninsured Rates Will Drop Under Health Care Reform

Also by Don Baylor

• Texas Jobs Snapshot for 2012
• Testimony: Senate Committee on Business and Commerce
• Testimony: Pensions, Investments, and Financial Services

Unemployment Compensation Trust Fund: Opportunities to Modernize Eligibility & Fix Solvency: Testimony to the Senate Finance Committee

  

Author:
Don Baylor /(512) 320-0222 x 108

February 16, 2009

Unemployment Compensation Trust Fund: Opportunities to Modernize Eligibility & Fix Solvency: Testimony to the Senate Finance Committee >>  
Charts--UI Trust Fund Insolvency >>  

The American Recovery & Reinvestment Act (ARRA) includes more than $555 Million for Texas to modernize its Unemployment Insurance (UI) eligibility rules. To qualify for these funds, the Texas Legislature must make three commonsense policy changes that would save jobs, increase economic activity, and limit demand on other social services programs. This testimony not only explains what Texas must do to get funding under the Unemployment Insurance Modernization Act (UIMA), but also lays out specific reforms to address chronic insolvency of the Unemployment Compensation Trust Fund.