Text: HSB00563                          Text: HSB00565
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

House Study Bill 564

Bill Text

PAG LIN
  1  1    Section 1.  Section 96.3, subsection 5, Code Supplement
  1  2 2003, is amended to read as follows:
  1  3    5.  DURATION OF BENEFITS.  The maximum total amount of
  1  4 benefits payable to an eligible individual during a benefit
  1  5 year shall not exceed the total of the wage credits accrued to
  1  6 the individual's account during the individual's base period,
  1  7 or twenty-six times the individual's weekly benefit amount,
  1  8 whichever is the lesser.  The director shall maintain a
  1  9 separate account for each individual who earns wages in
  1 10 insured work.  The director shall compute wage credits for
  1 11 each individual by crediting the individual's account with
  1 12 one-third of the wages for insured work paid to the individual
  1 13 during the individual's base period.  However, the director
  1 14 shall recompute wage credits for an individual who is laid off
  1 15 due to the individual's employer going out of business at the
  1 16 factory, establishment, or other premises at which the
  1 17 individual was last employed, by crediting the individual's
  1 18 account with one-half, instead of one-third, of the wages for
  1 19 insured work paid to the individual during the individual's
  1 20 base period.  Benefits paid to an eligible individual shall be
  1 21 charged against the base period wage credits in the
  1 22 individual's account which have not been previously charged,
  1 23 in the inverse chronological order as the wages on which the
  1 24 wage credits are based were paid.  However if the state "off
  1 25 indicator" is in effect and if the individual is laid off due
  1 26 to the individual's employer going out of business at the
  1 27 factory, establishment, or other premises at which the
  1 28 individual was last employed, the maximum benefits payable
  1 29 shall be extended to thirty-nine times the individual's weekly
  1 30 benefit amount, but not to exceed the total of the wage
  1 31 credits accrued to the individual's account.  
  1 32                           EXPLANATION
  1 33    This bill eliminates the allowance of additional wage
  1 34 credits in cases of plant closings.  The maximum amount of
  1 35 unemployment benefits an individual may receive regardless of
  2  1 the reason for separation from employment is one-third of the
  2  2 wages for insured work paid to the individual during the
  2  3 individual's base period, or 26 times the individual's weekly
  2  4 benefit amount, whichever is the lesser.  This bill eliminates
  2  5 raising the amount of wage credits from one-third to one-half
  2  6 but retains the increasing of the maximum benefits payable to
  2  7 39 times the weekly benefit amount if sufficient wage credits
  2  8 exist and the individual is laid off due to a plant closing.  
  2  9 LSB 5360YC 80
  2 10 kk/pj/5
     

Text: HSB00563                          Text: HSB00565
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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