Evers signs bill preventing unemployment rate increases

Gov. Tony Evers signed Assembly Bill 406, now 2021 Wisconsin Act 59, which prevents the increase of unemployment insurance (UI) contribution rates, according to a release from the administration. The UI rates will remain in Schedule D in tax years 2022 and 2023. The lost revenue will be offset by $60 million in general purpose revenues to be transferred to the trust fund in each of the next two fiscal years.