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NY A06752

Bill

Status

Introduced

5/8/2023

Primary Sponsor

Jennifer Lunsford

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Increases the minimum weekly unemployment insurance benefit amount from $643 to $650 for claimants whose high calendar quarter remuneration exceeds $3,575
  • Establishes $650 as the minimum weekly benefit amount across all benefit calculation methods (one twenty-sixth, one twenty-fifth formulas, and two/three quarter calculations)
  • Sets the minimum weekly benefit at $650 effective the first Monday of October, two thousand twenty-three, while maintaining maximum benefit caps at 44 percent of average weekly wage and increasing to 50 percent by 2026
  • Takes effect 60 days after becoming law

Legislative Description

Increases the unemployment insurance minimum benefit amount to $650 per week.

Last Action

referred to labor

1/3/2024

Committee Referrals

Labor5/8/2023

Full Bill Text

No bill text available