ID H0080

Creates new Section 72-1312A defining unemployment eligibility for corporate officers with ownership interests in corporations, making them ineligible for benefits during their term of office regardless of wage payments.

Allows corporate officers to qualify as unemployed only if separated from the corporation for an indefinite period due to circumstances beyond their control and the unemployment extends through their benefit year end date.

Establishes that if a corporate officer returns to work during the benefit year, all unemployment benefits paid that year are presumed to be an overpayment requiring repayment.

Permits public and non-public corporations to exempt qualifying corporate officers from unemployment insurance coverage through registration with the department, with exemptions effective for two consecutive calendar years.

Amends Section 72-1361 to correct a statutory citation regarding appeal procedures for unemployment insurance determinations.