Bill > LD1260

This bill renames the "Employment Security Law" to the "Reemployment Assistance Program" and establishes a new system for determining the maximum number of weeks of unemployment benefits. Under this bill, the maximum number of benefits is 12 weeks if the state's average unemployment rate is 5.5% or below, with an additional week of benefits added for every 0.5% the rate is above 5.5%, up to a maximum of 20 weeks of benefits. This change is intended to promote the sustainability of the unemployment insurance system by linking the duration of benefits to the state's unemployment rate.