NC H676

Amends North Carolina's unemployment insurance laws to implement a three-year look-back period for federally funded extended unemployment benefits as authorized by Section 502 of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312).

Allows extended benefits to be triggered when insured unemployment equals or exceeds 120% of the average for the corresponding 13-week period in all three preceding calendar years and reaches at least 5%, or when national total unemployment reaches 6.5% and state unemployment exceeds 110% of the average for corresponding three-month periods in the three preceding years.

Increases the total extended benefit payment amounts during high unemployment periods from 50% to 80% of regular benefits (or from 13 to 20 times the weekly benefit amount) when national unemployment equals or exceeds 8% and state unemployment exceeds 110% of prior three-year averages.

Applies only to weeks of unemployment beginning after December 17, 2010, and ending on or before December 31, 2011.

Expires January 1, 2012.