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Maryland Senate Changes Unemployment Insurance Program

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By Bill Redlin

The Maryland senate has approved changes to the state unemployment insurance system.

The unanimous vote on Tuesday moves a compromise that was agreed to by labor and business organizations to the House of Delegates. The bill would allow businesses to spread out payments to Maryland's unemployment compensation fund and lower the interest rates for late payments this year and next year.

The legislation also decreases benefits for some workers, but increases benefits for others, including those seeking job training while unemployed.

Gov. Martin O'Malley has proposed changes to the unemployment insurance laws in order to receive about $127 million in federal stimulus money.

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