Governor Pritzker Announces Historic Agreement to Eliminate Pandemic Unemployment Debt, Protect Benefits for Workers

Governor JB Pritzker announced today an historic agreement to pay off the remaining $1.36 billion unemployment insurance loan balance, replenish the fund for the future, and protect benefits for working families. The agreement will save taxpayers an estimated $20 million in interest costs that would be due next September and preserves hundreds of millions of dollars in future federal tax credits for Illinois employers.

Read the full article on the Illinois.gov website.