ECM Committee Session, 2/4/2026 #1

Economic Matters Committee · February 5, 2026

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Opening and purpose

Presentation

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Vice chair (unnamed) called the February 4 Economic Matters Committee briefing to order and introduced a presentation on the status of the unemployment insurance system; she invited the secretary to introduce her team and present slides.

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Secretary Wu briefed the Economic Matters Committee on the status of Maryland's unemployment insurance system, citing pandemic-era identity fraud, resumed overpayment collections and recovery efforts, and risks to long-term solvency tied to the taxable wage base.

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