House File 980 H-1320 Amend House File 980 as follows: 1 1. Page 1, line 3, after < 36. > by inserting < a. > 2 2. Page 1, line 11, by striking < a. > and inserting < a. (1) > 3 3. Page 1, line 16, by striking < b. > and inserting < b. (2) > 4 4. Page 1, after line 19 by inserting: 5 < b. If the average statewide seasonally adjusted 6 unemployment rate, as determined by the federal bureau of 7 labor statistics, for a calendar year is greater than four 8 percent, taxable wages for the following calendar year shall 9 be increased by two thousand dollars for each percentage 10 point, rounded to the nearest whole percentage point, above 11 four percent of the average statewide seasonally adjusted 12 unemployment rate for the previous calendar year. Any annual 13 increase in taxable wages under this paragraph shall be for the 14 applicable calendar year only and shall not be cumulative. > 15 5. Page 1, before line 20 by inserting: 16 < Sec. ___. Section 96.3, subsection 5, paragraph a, Code 17 2025, is amended to read as follows: 18 a. Duration of benefits. 19 (1) The maximum total amount of benefits payable to an 20 eligible individual during a benefit year shall not exceed 21 the total of the wage credits accrued to the individual’s 22 account during the individual’s base period, or sixteen times 23 the individual’s weekly benefit amount, whichever is the 24 lesser. The director shall maintain a separate account for 25 each individual who earns wages in insured work. The director 26 shall compute wage credits for each individual by crediting the 27 individual’s account with one-third of the wages for insured 28 work paid to the individual during the individual’s base 29 period. However, the director shall recompute wage credits 30 for an individual who is laid off due to the individual’s 31 employer going out of business at the factory, establishment, 32 or other premises at which the individual was last employed, by 33 crediting the individual’s account with one-half, instead of 34 one-third, of the wages for insured work paid to the individual 35 -1- HF 980.1735 (3) 91 je/js 1/ 2 #1. #2. #3. #4. #5.

during the individual’s base period. Benefits paid to an 1 eligible individual shall be charged against the base period 2 wage credits in the individual’s account which have not been 3 previously charged, in the inverse chronological order as the 4 wages on which the wage credits are based were paid. However 5 if the state “off” indicator is in effect and if the individual 6 is laid off due to the individual’s employer going out of 7 business at the factory, establishment, or other premises at 8 which the individual was last employed, the maximum benefits 9 payable shall be extended to twenty-six times the individual’s 10 weekly benefit amount, but not to exceed the total of the wage 11 credits accrued to the individual’s account. 12 (2) A multiple of an individual’s benefit amount provided 13 in subparagraph (1) shall be increased in a calendar year if 14 the average statewide seasonally adjusted unemployment rate, 15 as determined by the federal bureau of labor statistics, for 16 the previous calendar year was greater than four percent. The 17 increase shall be two times the individual’s weekly benefit 18 amount for each percentage point, rounded to the nearest whole 19 percentage point, above four percent of the average statewide 20 seasonally adjusted unemployment rate for the previous calendar 21 year. Any annual increase in a multiple of an individual’s 22 benefit amount under this subparagraph shall be for the 23 applicable calendar year only and shall not be cumulative. > 24 6. Title page, line 1, by striking < taxes on employers > 25 7. By renumbering as necessary. 26 ______________________________ COOLING of Linn -2- HF 980.1735 (3) 91 je/js 2/ 2 #6. #7.