CHICAGO — Indiana would become the latest state to consider issuing bonds to pay off a large federal unemployment loan if a bill introduced last week is approved by the General Assembly.

The Hoosier State owes $1.76 billion to the federal unemployment trust fund. Senate Bill 541, introduced last week by state Sen. Karen Tallian, D-Portage, would authorize the Indiana Finance Authority to investigate whether it would be less expensive to float bonds to pay off the debt.

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