Unemployment Taxes

Indiana doles out $60 million interest payment to fedsRestricted Content

October 8, 2011
 IBJ Staff
The state owes $2 billion in federal unemployment insurance debt.
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Indiana unemployment insurance overhaul continues

September 29, 2011
Associated Press
Workers taking voluntary buyouts will no longer be eligible for state unemployment benefits in Indiana beginning Saturday, and severance pay will be counted against unemployment payouts.
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Business groups say legislative session among best

May 2, 2011
Francesca Jarosz
Victories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and the weakening of an immigration bill that initially resembled a controversial Arizona law.
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Daniels signs jobless-fund bill that unions fought

February 24, 2011
Associated Press
Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana's debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
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Lawmakers eye bonds for debt reliefRestricted Content

February 12, 2011
Francesca Jarosz
State lawmakers are exploring the idea of paying back more than $2 billion in federal debt for unemployment insurance by issuing tax-exempt bonds.
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Indiana moving ahead with plan to fix jobless fund

February 10, 2011
Associated Press
Legislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see whether the federal government will put off charging the states interest on what they owe.
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Indiana loans for jobless to hit businesses Jan. 1

October 14, 2010
Associated Press
The state will begin paying millions of dollars in penalties and interest to the federal government next year because it has borrowed nearly $2 billion to pay for jobless benefits.
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New jobless claims tick down slightly

September 2, 2010
Bloomberg News
Initial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists surveyed by Bloomberg News, Labor Department figures show.
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State chamber, manufacturers lobby for unemployment debt relief

April 3, 2010
 IBJ Staff
Two of Indiana’s most influential business advocates are lobbying Congress for relief from the state’s fast-growing Unemployment Insurance Trust Fund debt.
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Year delay in unemployment tax hike won't satisfy Uncle SamRestricted Content

March 20, 2010
Peter Schnitzler
Hoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up Indiana's bankrupt Unemployment Insurance Trust Fund. Here's what they're not touting: the mandatory federal tax increases every single business in Indiana now faces the next three years.
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Biz leaders relieved over one-year payroll tax-hike delay

March 15, 2010
Peter Schnitzler
Legislators postponed a $400 million tax hike to shore up Indiana's bankrupt Unemployment Insurance Trust Fund, but state's most troubled employers still face automatic payroll tax hike this year.
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State lawmakers remain divided; deal by Sunday in doubt

March 12, 2010
Associated Press
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session into the weekend. "Nobody is talking right now," says one legislator.
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Talks resume at Statehouse after brief impasse

March 9, 2010
Associated Press
Negotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
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Indiana lawmakers still hoping to adjourn Thursday

March 3, 2010
Associated Press
Lawmakers are close to a compromise on a work-site guns bill, but remain farther apart on several other issues.
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Indiana House OKs tax-increase repeal, jobs bill

February 24, 2010
Associated Press
The Indiana House approved legislation Wednesday that would repeal an unemployment-insurance tax increase and approved a package of tax credits and other incentives designed to create jobs.
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House panel OKs delay in unemployment tax hike

February 17, 2010
Associated Press
An Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers pay into the state's bankrupt unemployment insurance fund.
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Government reform, unemployment taxes chug through LegislatureRestricted Content

February 6, 2010
Kathleen McLaughlin

Key measures cleared their chambers of origin by the Feb. 3 deadline.

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Key business issues clear mid-session hurdle

February 3, 2010
Kathleen McLaughlin
The first half of a short session will close Wednesday, meaning bills must have passed out of either the House or Senate to stay alive. Legislation regarding unemployment taxes and township-government reform easily met that deadline.
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Indiana Senate OKs bill to delay jobless-tax hikes

January 12, 2010
Associated Press
The Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face hurdles in the Democrat-led House.
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Indiana improves in business tax ranking

September 25, 2009
 IBJ Staff
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state up two places to 12th.
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Indiana expects jobless fund troubles until 2015

September 9, 2009
Associated Press
Indiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles than projected when a law designed to start fixing the system was enacted in April.
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Critics: Tax hike 'defies logic'Restricted Content

May 4, 2009
Peter Schnitzler
Critics say the Legislature's plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay.
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Jobless-fund plan a good solutionRestricted Content

March 30, 2009
Indiana lawmakers are stuck between the proverbial rock and a hard place when it comes to fixing the state's bankrupt unemployment insurance fund.
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Horse trading key to solving unemployment deficitRestricted Content

March 23, 2009
Ed Feigenbaum
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come up with solutions that will be difficult for both Democrats and Republicans to accept.
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These are leaders?Restricted Content

March 9, 2009
Whether it's structuring local government to fit the 21st century, financing sports stadiums, achieving property tax reform or putting the state's unemployment fund on sound footing, our leaders consistently show their failure to lead.
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