Committee hears bill to redirect some employer UI taxes into state training while keeping solvency safeguards HB 267 would let employer UI tax rates fall when the Unemployment Insurance trust is overcapitalized and redirect a portion of employer contributions into the State Training and Employment Program (STEP) until solvency metrics require restoring UI contributions. DOLWD officials presented fund balances and long‑range projections.

A groundbreaking bill could reshape how employers contribute to workforce training in Alaska, allowing them to reduce unemployment taxes while ensuring the trust fund's stability!

Learn more here

#AK #CitizenPortal #EmploymentTraining #TaxReform #UISolvency #AlaskaWorkforce