May 23, 2022
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The Texas Workforce Commission (TWC) has set the 2022 unemployment insurance (UI) tax rates to reflect the current rate.  

The lack of an increase in the tax rate is a result of the passing of Senate Bill 8, which was passed during the 3rd Special Session of the 87th Texas Legislature and signed into law by Governor Greg Abbott. The TWC said in a news release that without SB8, most Texas employers would have seen significant increases in their tax obligations for 2022.  

“Setting the 2022 UI tax rate with no increase from last year helps Texas employers to better focus resources on innovations that create more jobs,” said TWC Chairman Bryan Daniel in the release. “Job growth is a key component of our economic success.” 

The state’s UI replenishment tax rate is set at 20% and the deficit tax rate is 0%. The Obligation Assessment was set to 0.01% to ensure any federal interest due on Title XII loans were covered.  

UI taxes paid by employers replenish the Texas Unemployment Compensation Trust Fund, which provides income for workers who lost jobs through no fault of their own.  

TWC’s aim is to support employers’ ability to continue growing businesses and the state economy while also ensuring trust fund operations.  

Nathan Giese, Muleshoe Journal

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