Businesses received a temporary reprieve from a 30 percent increase in their unemployment insurance bills as the state pushed back the deadline for payments by a month.
The move gives legislators more time to enact a freeze, which both the House and Senate have separately supported, but has become ensnared in the more controversial debate over revamping unemployment insurance and raising the minimum wage.
The advisory council to the Division of Unemployment Assistance agreed Thursday to push back the deadline for companies to make their first-quarter payments to May 30. The bills had been due at the end of April, with the average premium set to rise to $943 for each employee from $707.
In total, businesses could have to pay $520 million more in unemployment insurance taxes, if legislators don’t pass a freeze.
The state has frozen the amount that businesses pay into the unemployment trust fund for the past few years, fearing additional costs to businesses would stifle the economy and make companies reluctant to hire.