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2005 SESSION


CHAPTER 918
An Act to amend and reenact § 60.2-602 of the Code of Virginia, relating to unemployment compensation; minimum earnings; maximum weekly benefit.
[H 2050]
Approved April 6, 2005
 

Be it enacted by the General Assembly of Virginia:

1.  That § 60.2-602 of the Code of Virginia is amended and reenacted as follows:

§ 60.2-602. Weekly benefit amount.

A. Beginning September 9, 2001, and expiring January 5, 2003, for claims filed on or after September 9, 2001, and for claims for which a claimant had established a benefit year as of September 9, 2001, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.

 









B. Beginning January 5, 2003, for claims effective on or after January 5, 2003, but before July 6, 2003, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.

 









C. Beginning July 6, 2003, for claims effective on or after July 6, 2003 but before July 4, 2004, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.

 

















D. Beginning July 4, 2004, for claims effective on or after July 4, 2004, but before July 3, 2005, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.

 

















E. Beginning July 3, 2005, for claims effective on or after July 3, 2005, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.

 

















2.  That the provisions of this act enhancing the benefits payable to an individual pursuant to Title 60.2 may result in a net revenue loss to the Commonwealth of Virginia. Pursuant to § 30-19.03:1.2, the estimated amount of the annual net revenue loss is $0.