Good News for Small Businesses

Governor Martin O'Malley has announced a proposal to provide $83 million in rate relief for Maryland's small businesses and modernize the state's unemployment insurance laws. These actions will allow the State to access $126.8 million in federal dollars to continue providing unemployment insurance for those individuals and families hardest hit by the recession."

The Governor's plan comes just weeks after he announced new initiatives to stimulate the economy in Maryland, create jobs and strengthen small businesses as the State transitions from recession through recovery to prosperity.