News Releases

May 25, 2010

Governor Douglas Signs Unemployment Insurance Trust Fund Reforms Into Law

Montpelier, Vt. (May 24, 2010) – Governor Jim Douglas today signed S.290, An Act Relating to Restoring Solvency to the Unemployment Insurance Trust Fund, into law.

“It was critically important that we resolved this important issue this year,” said Governor Douglas. “I appreciate that legislative leaders were willing to work with my Administration to find a compromise that puts the fund on a path to solvency. The dedicated staff at the Vermont Department of Labor, led by Commissioner Powden, also deserves much credit for their hard work on this issue, as well as for their work on behalf of Vermonters during a difficult time in our state’s economic history.”

Source: Office of the Governor
Last Updated at: May 25, 2010 08:04:15