Indiana Statehouse, Indianapolis.
(Indianapolis, Ind.) - Unemployed Hoosiers may not be paid as much as they currently are soon under a bill which has cleared the Indiana House.
House Bill 1450 was passed on to the Senate Monday after a 61-35 party line vote where only one Democrat House member voted for the bill.
The legislation would cut overall benefit pay for unemployed Hoosiers by 20 percent, but it keeps the maximum amount the same at $390 per week.
Businesses would suffer a 13 percent surcharge, but the legislation does keep the tax on business from rising as high as it would have under the state’s current law.
Indiana’s unemployment fund has gone broke, as have many other states, during the recession. The state owes the federal government $2 billion plus interest for what it has borrowed to pay the benefits over the past two years.