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ARIZONA HOUSE OF REPRESENTATIVESFifty-seventh Legislature First Regular Session |
House: COM DP 6-3-1-0 | 3rd Read 32-26-2-0Senate: FIN DP 4-3-0-0 | 3rd Read 17-11-2-0 |
HB 2450: unemployment insurance; benefit amounts
Sponsor: Representative Carbone, LD 25
Vetoed by the Governor
Overview
Changes the duration of unemployment insurance (UI) benefits for which an individual may receive during a benefit year.
History
The Department of Economic Security administers the UI Benefit Program which provides unemployment benefits to individuals who are unemployed through no fault of their own.
Individuals awarded unemployment insurance benefits are entitled to receive a weekly benefit in an amount equal to 4% of the total wages for insured work paid in the highest quarter of their base period. The base period is the first four of the last five completed calendar quarters immediately preceding the first day of their benefit year. The weekly benefit amount is statutorily capped at $320 (A.R.S. § 23-779).
The duration of benefits is based on the unemployment rate in the prior calendar quarter, which is the average of the seasonally adjusted unemployment rates for the three months of the most recently published calendar year quarter as published by the Office of Economic Opportunity. If the prior calendar quarter unemployment rate is less than 5% the duration of benefits is 24 weeks. If the prior calendar quarter unemployment rate is 5% or more the duration of benefits is 26 weeks (A.R.S. § 23-780).
According to the Office of Economic Opportunity, Arizona's unemployment rate (November 2024 – seasonally adjusted) is 3.7%.
Provisions
1. Modifies the duration schedule for which an eligible individual receives UI benefits based on incremental changes in the unemployment rate (UR) in the prior calendar quarter:
a) 12 weeks, if the UR is 5% or less;
b) 14 weeks, if the UR is more than 5% but not more than 5.5%;
c) 16 weeks, if the UR is more than 5.5% but not more than 6%;
d) 18 weeks, if the UR is more than 6% but not more than 6.5%;
e) 20 weeks, if the UR is more than 6.5% but not more than 7%;
f) 22 weeks, if the UR is more than 7% but not more than 7.5%;
g) 24 weeks, if the UR is more than 7.5% but not more than 8%;
h) 26 weeks, if the UR is more than 8%. (Sec 1)
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