Senate File 2432 H-8352 Amend Senate File 2432, as amended, passed, and reprinted by 1 the Senate, as follows: 2 1. Page 18, after line 25 by inserting: 3 < DIVISION ___ 4 UNEMPLOYMENT COMPENSATION 5 Sec. ___. Section 96.3, subsection 5, paragraph a, Code 6 2024, is amended to read as follows: 7 a. Duration of benefits. The maximum total amount of 8 benefits payable to an eligible individual during a benefit 9 year shall not exceed the total of the wage credits accrued to 10 the individual’s account during the individual’s base period, 11 or sixteen twenty-six times the individual’s weekly benefit 12 amount, whichever is the lesser. The director shall maintain 13 a separate account for each individual who earns wages in 14 insured work. The director shall compute wage credits for 15 each individual by crediting the individual’s account with 16 one-third of the wages for insured work paid to the individual 17 during the individual’s base period. However, the director 18 shall recompute wage credits for an individual who is laid 19 off due to the individual’s employer going out of business at 20 the factory, establishment, or other premises at which the 21 individual was last employed, by crediting the individual’s 22 account with one-half, instead of one-third, of the wages for 23 insured work paid to the individual during the individual’s 24 base period. Benefits paid to an eligible individual shall 25 be charged against the base period wage credits in the 26 individual’s account which have not been previously charged, 27 in the inverse chronological order as the wages on which the 28 wage credits are based were paid. However if the state “off” 29 indicator is in effect and if the individual is laid off due to 30 the individual’s employer going out of business at the factory, 31 establishment, or other premises at which the individual was 32 last employed, the maximum benefits payable shall be extended 33 to twenty-six thirty-nine times the individual’s weekly benefit 34 amount, but not to exceed the total of the wage credits accrued 35 -1- SF 2432.4342 (2) 90 ko/ns 1/ 2 #1.

to the individual’s account. > 1 2. Title page, line 6, by striking < institutions. > and 2 inserting < institutions, and providing for properly related 3 matters including unemployment compensation. > 4 3. By renumbering as necessary. 5 ______________________________ AMOS JR. of Black Hawk ______________________________ SCHOLTEN of Woodbury -2- SF 2432.4342 (2) 90 ko/ns 2/ 2 #2. #3.