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Maryland has revealed that borrowing federal government's money to pay for jobless benefits might no longer be needed. Maryland's huge job losses had exhausted the unemployment insurance fund but replenishing it by borrowing was criticized as unsustainable and could widen businesses' unemployment tax rates increases. Reasons for the fund's improvement are also given.

Maryland's General Assembly is set to finalize changes to the state's unemployment insurance system as soon as it convenes for the 2010 session. The move was aimed to draw $127 million in stimulus money that can support the nearly depleted fund of unemployment benefits within 45 days. Insights on Maryland's unemployment benefits problems are also given.

Maryland governor Martin O'Malley is promoting legislation to change the state's strained unemployment insurance system. The changes are required to collect $126.8 million in federal stimulus money to replenish the decreasing unemployment insurance trust fund. How the changes will affect the business community is also discussed.

Maryland has doubled the amount of unemployment insurance tax which companies and nonprofit organizations must pay per employee beginning 2009. The annual tax will be raised to a minimum rate of 0.6% on the first $8,500 earned by a worker from a minimum of 0.3%. The rise in the demand for unemployment benefits is also discussed.