This bill amends the Michigan Employment Security Act by updating Section 28l to require the unemployment insurance agency to submit an annual report on shared-work plans by March 1 of each year. The report must include specific data such as the number of approved shared-work plans, participating employers and employees, the amount of compensation and aid provided, and the unemployment insurance agency's benefit error rate associated with these plans. The language has been revised to clarify that the report must include all of these elements, and the previous requirement for the first report submission has been removed.

Additionally, the bill mandates that the unemployment insurance agency report the benefit error rate in accordance with federal requirements, which may include statewide and regional data, trends over time, and any corrective actions taken to address the benefit error rate. This amendment aims to enhance transparency and accountability regarding the impact of shared-work plans on the unemployment compensation fund.

Statutes affected:
House Introduced Bill: 421.28