House File 2462 H-8132 Amend House File 2462 as follows: 1 1. Page 1, by striking lines 13 through 20 and inserting 2 < during the individual’s base period. However, the director 3 shall recompute wage credits for an individual who is laid off 4 in a permanent mass layoff of more than fifty employees due to 5 the individual’s employer going out of business at the factory, 6 establishment, or other premises at which the individual was 7 last employed, by crediting the individual’s account with 8 one-half, instead of one-third, of the wages for insured work 9 paid to the individual during the individual’s base period. 10 Benefits paid to an eligible individual shall > 11 2. Page 1, by striking lines 24 through 31 and inserting 12 < wage credits are based were paid. However if the state “off” 13 indicator is in effect and if the individual is laid off in a 14 permanent mass layoff of more than fifty employees due to the 15 individual’s employer going out of business at the factory, 16 establishment, or other premises at which the individual was 17 last employed, the maximum benefits payable shall be extended 18 to thirty-nine times the individual’s weekly benefit amount, 19 but not to exceed the total of the wage credits accrued to the 20 individual’s account. > 21 ______________________________ HUNTER of Polk -1- HF2462.3555 (1) 88 je/rn 1/ 1 #1. #2.