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1997 SESSION

970595661
SENATE BILL NO. 983
Offered January 17, 1997
A BILL to amend and reenact § 60.2-602 of the Code of Virginia, relating to unemployment compensation; weekly benefit amount.
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Patron-- Gartlan
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Referred to the Committee on Commerce and Labor
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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.

For A. Except as provided in subsection B, for claims filed on or after July 7, 1996 January 4, 1998, 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. On and after January 4, 1998, the maximum weekly benefit amount shall be an amount equal to forty-five percent of the average weekly wage of the Commonwealth, rounded up to the nearest dollar. Corresponding changes shall be made in the Benefit Table to reflect any adjustment to the maximum amount. As used in this subsection, "average weekly wage of the Commonwealth" means such wage calculated for the most recent twelve-month period ending on March 31 of the year immediately preceding the calendar year for which a benefit amount is being determined.

C. For claims filed prior to July 7, 1996 January 4, 1998, an eligible individual's weekly "benefit amount" shall be computed under the provisions of this section in force on the date such claim was filed.

[Benefit Table Omitted]