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2003 SESSION
HB 2770 Unemployment compensation; weekly benefit amount.
Introduced by: Robert D. Hull | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Unemployment compensation; weekly benefit amount. Changes the basis for calculating weekly unemployment benefits and taxes. For claims filed on or after July 6, 2003, the maximum weekly benefit amount shall be 50 percent of the statewide average weekly wage. The average weekly wage is determined by (i) dividing the total number of taxable workers for the preceding calendar year by 12, (ii) dividing that number into the total wages of taxable employees for that calendar year, and (iii) dividing that number by 52 and rounding to the next lower whole dollar. The bill also raises the taxable wage base from $8,000 per employee to $12,000.
FULL TEXT
HISTORY
- 01/17/03 House: Presented & ordered printed 034490776
- 01/17/03 House: Referred to Committee on Commerce and Labor
- 01/28/03 House: Passed by indefinitely in C. & L. (16-Y 6-N)