This bill modifies Minnesota's unemployment insurance framework by establishing a new section, [124D.995] UNEMPLOYMENT INSURANCE AID, which provides unemployment insurance aid specifically for school districts, charter schools, and postsecondary institutions. Eligible entities can receive aid based on the difference between their net audited unemployment costs from the previous fiscal year and their base period costs from fiscal year 2022. The bill also includes provisions for proportional reductions in aid if the total eligible aid exceeds annual appropriations and mandates annual reporting on reimbursable costs for educational workers.

Additionally, the bill appropriates funds from the general fund to support these changes, including $366,000 for the University of Minnesota and $809,000 for Minnesota State Colleges and Universities for fiscal years 2024 and 2025. It designates $175,000 for the administration of unemployment insurance aid in fiscal year 2025, with the same amount set as the base for future years, and allocates $161,755,000 for unemployment insurance aid for educational institutions starting in fiscal year 2026. The bill also repeals Minnesota Statutes 2022, section 268.085, subdivision 8, which relates to eligibility requirements for school contractors, streamlining regulations while ensuring adequate funding for unemployment insurance aid and administrative costs.

Statutes affected:
Introduction: 268.085, 126C.43, 268.19
1st Engrossment: 268.085, 126C.43, 268.19
2nd Engrossment: 126C.43, 127A.45, 268.085, 268.19
3rd Engrossment: 126C.43, 127A.45, 268.085, 268.19
1st Engrossment: 268.085, 126C.43, 268.19
2nd Engrossment: 126C.43, 127A.45, 268.085, 268.19
3rd Engrossment: 126C.43, 127A.45, 268.085, 268.19