Michigan SB 40 Change Notification
Michigan Senate Bill 40 establishes weekly benefit amounts for each of an individual’s dependents, increases the maximum weekly benefit amount over a period of years and increases the maximum number of weeks available to collect from 20 to 26 weeks.
- For a claim filed on or after January 1, 2025, the maximum weekly benefit rate will be $446.
- For a claim filed on or after January 1, 2026, the maximum weekly benefit rate will be $530.00
- For a claim filed on or after January 1, 2027, the maximum weekly benefit rate will be $614.00
Effective Date
Immediately or 90 days after adjournment
Michigan Senate Bill 40 Implication to Stakeholders
Employers may see an increase in the benefit charge amounts against their unemployment tax accounts over the next three years. This could have a negative impact on their annual unemployment tax rate.
Recommended Action
Audit all benefit charge statements received to confirm accuracy since benefit charges have an impact on unemployment tax rates. Question any errors or discrepancies discovered.