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Senate Bill 0067
ARCHIVE (2000)
Latest Information
| | DIGEST OF INTRODUCED BILL
Unemployment insurance computations. Changes the base period for computation of unemployment benefits to the last four completed calendar quarters. (Current law provides that the base period for computation of unemployment benefits is the first four of the last five calendar quarters.) Increases the earnings base used to compute unemployment compensation to a maximum of $10,000 in a calendar quarter. (Current law provides that the earnings base used to compute unemployment compensation may not exceed $5,800.) Provides that the maximum total amount of unemployment compensation benefits payable to an individual during a benefit period may not exceed 26 times the individual's weekly benefit, or 32% of the individual's wage credits with respect to the individual's base period, whichever is less. (Current law provides that the maximum total amount of unemployment compensation benefits payable to an individual during a benefit period may not exceed 26 times the individual's weekly benefit, or 28% of the individual's wage credits with respect to the individual's base period, whichever is less.) Decreases the minimum wage credit necessary to qualify for unemployment compensation to $2,000 in the base period, and requires the total wage credits in the base period to equal at least 1.25 times the wages paid in the highest quarter. (Current law requires $2,750 in the base period with $1,650 in the last two quarters of the base period, and requires the total wage credits in the base period to equal or exceed 1.25 times the wages in the highest quarter.) Makes conforming amendments. |
Current Status:
| | In Committee - first House |
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