Keep the UI Fund Healthy and the Feds out of our Pockets!
NMBC Proposes Legislation to Help Protect the Unemployment Insurance Fund (See Urgent Call to Action Below): The health of the NM Unemployment Insurance (UI) Trust Fund is in jeopardy. That’s not good for New Mexican’s out of work or for employers who have increased their UI tax payments to fund unemployment benefits. But help from the Round House is on the way! Carla Sonntag, President of the NMBC, will be working with sponsor Rep Larry Larranaga on HB 482 Reduce Some Unemployment Benefits. This bill will help ensure solvency of the UI Trust Fund for those who need it most by getting New Mexico more in line with other states for unemployment benefits.