PHOENIX (AP) — Arizona employers face a temporary tax increase to help the state repay loans provided by the federal government to pay for unemployment benefits.
A bill signed Monday by Gov. Jan Brewer authorizes the Department of Economic Security to levy a so-called "special assessment" this year and next.
The assessment is expected to amount to $28 per employee this year and $42 next year. That's in addition to the current tax of $56 annually per employee.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
