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NY A06752
Bill
Status
Introduced
5/8/2023
Primary Sponsor
Jennifer Lunsford
Click for details
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