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VA SB759
Bill
Status
Engrossed
2/13/2026
Primary Sponsor
Adam Ebbin
Click for details
AI Summary
- Increases weekly unemployment benefit amounts for claims filed on or after July 1, 2026, by establishing a new benefit table with higher payment levels
- Weekly benefit amounts are calculated based on total wages earned during the two highest-earning quarters of the claimant's base period
- Projected to reduce the solvency level of Virginia's Unemployment Trust Fund by an average of 7.43 percent annually over the next eight years
- The increase in state unemployment tax liability for employers on a per-employee basis is indeterminate according to the Virginia Employment Commission and Department of Planning and Budget
Legislative Description
Unemployment benefits; increase weekly benefit amount.
Last Action
Passed House (64-Y 35-N 0-A)
3/4/2026
Committee Referrals
Appropriations: Commerce Agriculture & Natural Resources2/25/2026
Appropriations2/24/2026
Labor and Commerce2/20/2026
Finance and Appropriations2/2/2026
Commerce and Labor1/19/2026
Full Bill Text
No bill text available