Michigan HB5375 prohibits the Michigan unemployment insurance agency from assessing penalties, interest, or fees on certain unpaid benefit.
Michigan HB5375 amends the Michigan employment security law to prohibit the unemployment insurance agency from assessing interest on unpaid restitution of benefit overpayments if the overpayment was due to employer error, system error, delayed wage reporting, or other causes not directly attributable to the claimant. The bill specifies that interest will not accrue if a determination, redetermination, or appeal is pending. It also requires the agency to refund any interest payments made by the claimant within 180 days of the amendment's effective date.
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