MD HB188

Replaces the fixed $8,500 taxable wage base with a percentage of the state's average annual wage, phasing up to 16% beginning in calendar year 2029

Sets the maximum weekly unemployment benefit at 40% of the state average weekly wage starting in calendar year 2027, with a minimum benefit of 15% of the state average weekly wage

Requires the Maryland Department of Labor to determine and publish the state's average annual wage online by January 31 each year

Changes the weekly benefit calculation method to divide the claimant's highest quarter wages by 24, and allows claimants to earn up to $50 per week without reducing their benefit amount

Takes effect July 1, 2026