In accordance with the federal law, the state unemployment programs should continue to pay benefits to eligible claimants even if the state's trust fund becomes depleted.
The state is required to borrow from the federal trust fund which is subject to interest if not paid in a timely manner. As interest payments may not be made from the state's unemployment fund, some states use taxes and assessments to repay federal loans and some incorporates it to the State Unemployment Insurance rate.
Below are the list of states with their corresponding assessment announcements (click here for the total loan amounts of these states). The announcements will contain the assessment of the state, any action required from NetSuite Payroll users (employers), reference links to the data from the state, and other important details. In case your state does not have any announcement yet, please visit SuiteAnswers and this article periodically as we are expecting them soon since Federal loan interests are due to be paid beginning October 1, 2011.
State | Announcement Date | Announcement Link |
| Alabama | August 9, 2011 | |
| Arizona | NA | |
| Arkansas | May 18, 2011 | |
| California | NA | |
| Colorado | June 14, 2011 | |
| Connecticut | NA | |
| Delaware | NA | |
| Florida | NA | |
| Georgia | NA | |
| Idaho | NA | |
| Illinois | NA | |
| Indiana | NA | |
| Kansas | NA | |
| Kentucky | NA | |
| Michigan | NA | |
| Minnesota | March 31, 2011 | |
| Missouri | June 9, 2011 | |
| Nevada | NA | |
| New Jersey | July 11, 2011 | |
| New York | August 4, 2011 | |
| North Carolina | NA | |
| Ohio | NA | |
| Pennsylvania | NA | |
| Rhode Island | NA | |
| South Carolina | NA | |
| Vermont | NA | |
| Virgin Islands | NA | |
| Virginia | NA | |
| Wisconsin | August 19, 2011 |
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