Senate File 542 H-1281 Amend Senate File 542, as amended, passed, and reprinted by 1 the Senate, as follows: 2 1. Page 13, after line 1 by inserting: 3 < Sec. ___. Section 96.3, subsection 5, paragraph a, Code 4 2023, is amended to read as follows: 5 a. Duration of benefits. The maximum total amount of 6 benefits payable to an eligible individual during a benefit 7 year shall not exceed the total of the wage credits accrued 8 to the individual’s account during the individual’s base 9 period, or sixteen twenty times the individual’s weekly benefit 10 amount, whichever is the lesser. The director shall maintain 11 a separate account for each individual who earns wages in 12 insured work. The director shall compute wage credits for 13 each individual by crediting the individual’s account with 14 one-third of the wages for insured work paid to the individual 15 during the individual’s base period. However, the director 16 shall recompute wage credits for an individual who is laid 17 off due to the individual’s employer going out of business at 18 the factory, establishment, or other premises at which the 19 individual was last employed, by crediting the individual’s 20 account with one-half, instead of one-third, of the wages for 21 insured work paid to the individual during the individual’s 22 base period. Benefits paid to an eligible individual shall 23 be charged against the base period wage credits in the 24 individual’s account which have not been previously charged, 25 in the inverse chronological order as the wages on which the 26 wage credits are based were paid. However if the state “off” 27 indicator is in effect and if the individual is laid off due to 28 the individual’s employer going out of business at the factory, 29 establishment, or other premises at which the individual was 30 last employed, the maximum benefits payable shall be extended 31 to twenty-six thirty-three times the individual’s weekly 32 benefit amount, but not to exceed the total of the wage credits 33 accrued to the individual’s account. > 34 2. Title page, line 1, after < employment, > by inserting 35 -1- SF 542.1892 (3) 90 je/rn 1/ 2 #1.
< unemployment benefits, > 1 3. By renumbering as necessary. 2 ______________________________ SCHOLTEN of Woodbury -2- SF 542.1892 (3) 90 je/rn 2/ 2 #3.