ID H0122

Amends Section 72-1367 of Idaho Code regarding unemployment benefit eligibility and calculation formulas

Revises the table of ratios between total base period earnings and highest quarter earnings to determine weeks of benefit entitlement, creating narrower earning bands (e.g., 1.25 to 1.60 for 10 weeks instead of 1.25 to 1.50)

Maintains the minimum wage eligibility requirement of 1.25 times high quarter wages and the weekly benefit calculation of one twenty-sixth of highest quarter earnings

Updates the maximum weekly benefit amount table based on base tax rates ranging from 0.630% to 3.360%, with corresponding percentages of state average weekly wage ranging from 55% to 60%

Preserves provisions regarding wage deductions for part-time work, severance pay treatment, and rounding of benefits to the nearest lower dollar