FRANKFORT, KY (4/2/12) – The following are statements from Governor Steve Beshear on HB 495 and SB 3:
HB 495: Unemployment Insurance
“The Unemployment Insurance Task Force I appointed in March 2009 continues to provide workable, thoughtful and acceptable solutions to one of our state’s significant business challenges.
At my urging, that task force developed a way to repay the federal funds we owed and to restore stability to the Unemployment Insurance Trust Fund. Their efforts were successful, and codified in House Bill 5 in 2010.
Then, I directed the task force to find a solution to the repayment of interest on those federal funds. With House Bill 495, the business community has developed such a method which not only meets the immediate payment requirements, but also prevents huge tax increases on business owners. This solution, solidly supported by both parties, shows again that people with differing viewpoints can still come together to deliver workable solutions to some of Kentucky’s toughest challenges. I want to thank Speaker Pro Tem Larry Clark and the task force for once again developing an answer that meets the needs of our state.”
SB 3: Pseudoephedrine
“Methamphetamine continues to cause tremendous pain in our families and communities, and I am pleased that legislators found a way to limit the sale of meth ingredient pseudoephedrine. SB3 is a good step for both families and communities, and I will sign the bill.”
Information provided by the office of Gov. Steve Beshear
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