Gov. McCrory to sign unemployment bill into law Tuesday - | WBTV Charlotte

Gov. McCrory to sign unemployment bill into law Tuesday


New North Carolina Gov. Pat McCrory will sign his second bill into law under circumstances different from the first.
The Republican governor's office says McCrory will sign Tuesday morning an unemployment insurance overhaul bill into law in his office. The signing is closed to the media.
Hundreds of people attended McCrory's first bill signing Monday in Asheboro on high school diplomas and vocational education.
The unemployment measure would repay $2.5 billion owed the federal government for paying jobless benefits more quickly by cutting future maximum weekly jobless benefits from $535 to $350. Recipients will only receive benefits for 20 weeks, instead of 26. Also, the law will raise business taxes.
McCrory said during Monday night's State of the State address the bill will protect small businesses from continued over-taxation and protect the unemployment safety net. Democrats say the bill will harm displaced workers struggling to survive.

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