MS HB147

Establishes a tiered minimum weekly unemployment benefit based on prior wages: $1,000/week for wages over $100,000; $750/week for wages $75,001-$100,000; $650/week for wages $50,001-$75,000; $500/week for wages $25,001-$50,000; and $250/week for wages $25,000 or less

Removes the previous flat minimum weekly benefit of $30 and eliminates the maximum weekly benefit caps of $210 (2002), $230 (2008), and $235 (2009)

Retains the formula for calculating maximum weekly benefits at 60% of the state's average weekly wage, updated annually by June 15

Individuals whose calculated weekly benefit falls below their applicable minimum tier will not be entitled to any unemployment benefits

Takes effect July 1, 2026