Digest: The Act would give a credit against UI taxes to employers whose rate for 2025 is less than their rate for the prior year by at least three percentage points. (Flesch Readability Score: 60.7).
Provides a credit against an employer's unemployment insurance taxes for calendar years 2025, 2026 and 2027 if the employer's tax rate for calendar year 2025 is at least three percentage points less than the employer's tax rate for calendar year 2024.