07/26/10
11:54 AM
Legislation that would extend emergency unemployment insurance benefits to Nov. 30 was signed July 22 by President Obama. The bill (H.R. 4213) did not include an extension of the COBRA premium subsidy program, as did recent extension legislation. Under the program, employers pay 65 percent of the premium for qualified workers, with the amount claimed as a tax credit.
The House approved the bill 272-152 on July 22 and the Senate approved the measure 59-39 on July 21.