The New York State Legislature this month passed a bill to increase the maximum unemployment benefit for workers who have lost their jobs.
The measure also freezes any increase in unemployment insurance taxes for businesses across the state for the 2022 and 2023 fiscal years, according to Brooklyn State Senator Simcha Felder.
“This important legislation will provide much-needed relief from dramatic increases in unemployment insurance taxes at a time when businesses can afford them the least,” Felder said.
“This legislation will also provide a sensible increase to unemployment benefits, which are a lifeline to families who are struggling to keep food on the table and to pay for other basic necessities.”
Unemployment claims in New York have drastically increased during the coronavirus pandemic, as businesses continue their struggle to keep their doors open.
Bill # S.6791A relieves the tax burden for businesses across New York State and restores a planned increase in unemployment benefits.
“As people everywhere struggle with COVID-19’s resulting economic crisis, this measure will help both small business owners and unemployed New Yorkers when they need it the most,” Felder said.