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No benefits for corporate officers in Idaho – House Bill 80 in effect as of July 1; unwelcome to many businesses
July 19, 2011 /
"Think about how many businesses are gonna shut down."
A state law that prevents corporate officers from collecting unemployment benefits went into effect on July 1, prompting some seasonal business owners to rethink their fiscal strategies for the coming winter.
In years past, officers who own a seasonal business were allowed to receive unemployment during the cold months, when weather-dependent work – such as landscaping or construction – slowed to a standstill.
By NICK ROTUNNO/Staff writer
Full Story: http://www.cdapress.com/news/business/article_4bedf7c8-5449-543d-8081-668ec52ddf0f.html
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Posted in: Idaho News & Events
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