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AZ HB2592

AZ HB2592
Unemployment insurance; benefit amounts; definition


summary

Introduced
01/17/2024
In Committee
02/19/2024
Crossed Over
Passed
Dead
06/15/2024

Introduced Session

Fifty-sixth Legislature - Second Regular Session (2024)

Bill Summary

An Act amending section 23-780, Arizona Revised Statutes; relating to unemployment benefits.

AI Summary

This bill amends Section 23-780 of the Arizona Revised Statutes, which relates to the duration and amount of unemployment benefits. The key provisions are as follows: 1. The maximum number of weeks an individual can receive unemployment benefits is reduced from 26 to 12 weeks if the unemployment rate in the prior calendar quarter is 5% or less. 2. The maximum number of weeks is increased from 24 to 14 weeks if the unemployment rate in the prior calendar quarter is more than 5% but not more than 5.5%. 3. Additional tiers are added, increasing the maximum number of weeks up to 26 weeks if the unemployment rate in the prior calendar quarter is more than 8%. 4. The definition of "unemployment rate in the prior calendar quarter" is provided, referencing the average of the seasonally adjusted unemployment rates for the three months of the most recently published calendar year quarter. The overall purpose of the bill is to adjust the duration and amount of unemployment benefits based on the current unemployment rate in the state.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

House Committee of the Whole action: Retained on the Calendar (on 02/28/2024)

bill text


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bill summary

Document Type Source Location
State Bill Page https://apps.azleg.gov/BillStatus/BillOverview/80461
Analysis - HOUSE SUMMARY: 02/15/2024 Caucus & COW https://apps.azleg.gov/BillStatus/GetDocumentPdf/514803
Analysis - HOUSE SUMMARY: 02/09/2024 Commerce https://apps.azleg.gov/BillStatus/GetDocumentPdf/514082
BillText https://www.azleg.gov/legtext/56leg/2r/bills/hb2592p.htm
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