Kentucky is making multiple changes to its state unemployment insurance program, under a bill Gov. Andrew Beshear (D) signed March 23 that will take effect July 1.
HB 146 modifies changes to Kentucky’s unemployment tax and benefit calculations that were made under a 2022 law, HB 4, that went into effect Jan. 1, 2023. HB 146 also makes nonsubstantive, technical changes to the state’s unemployment insurance law.
Employer Reserve Ratios
The look-back period for calculating an employer’s reserve ratio will increase to 12 calendar quarters, under HB 146. Additionally, employers will be assigned reserve ratios and become experienced employers ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.