Unemployment Compensation
- Clarifying that the division may issue the bonds through the state treasurer; and
- Granting the division the authority to levy bond assessments.
Current law provides a temporary increase in partial unemployment benefits. Section 2 makes this temporary increase permanent.
- Separated from employment through no fault of the individual;
- Received income from employment during a qualified base period or alternative base period;
- Attests that the individual is not currently receiving any state-administered wage replacement assistance;
- Is not eligible for state-administered wage replacement assistance for reasons related to the individual's authorization to work; and
- Has a pay stub or form W-2 to verify the individual's employment and wage withholding.
Current law requires an individual to repay the division for overpaid unemployment compensation benefits unless the division finds that repayment would be inequitable. Section 11 sets forth factors that the division must consider in determining whether repayment would be inequitable.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)