MD HB554

Weekly unemployment benefit amounts will range from 15% to 50% of the state average weekly wage, with the 50% maximum taking effect in calendar year 2028

Taxable wage base for employer contributions will increase to 20% of the state average annual wage beginning in calendar year 2028, replacing the current fixed $8,500 amount

Dependent allowance increases from $8 to $25 per child (up to 5 dependents) for children under 16 who are wholly or partly supported by the claimant

Maryland Department of Labor must determine and publish the state average annual wage online by January 31 each year

Secretary of Labor must annually adjust the dependent allowance and the $50 earned wages subtraction threshold for inflation