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Bill > HB1766


VA HB1766

VA HB1766
Unemployment compensation; increases weekly benefit amounts, report.


summary

Introduced
01/05/2025
In Committee
02/14/2025
Crossed Over
02/22/2025
Passed
03/07/2025
Dead
Signed/Enacted/Adopted
04/02/2025

Introduced Session

2025 Regular Session

Bill Summary

Unemployment compensation; increase weekly benefit amounts; report. Provides that, for unemployment compensation claims effective on or after January 1, 2026, an eligible individual's weekly benefit amount shall be $52 higher than the current weekly benefit amount, as denoted in the table in the printed bill. The bill directs the Commission on Unemployment Compensation, in consultation with the Virginia Employment Commission, to convene a work group to study making annual adjustments to individual weekly benefit amounts based on the average weekly wage. As introduced, this bill was a recommendation of the Commission on Unemployment Compensation. This bill is identical to SB 1056.

AI Summary

This bill increases unemployment compensation weekly benefit amounts and modifies the duration of benefits in Virginia. Starting January 1, 2026, eligible individuals will receive $100 more per week in unemployment benefits compared to the current rates, with the exact amount determined by a table based on the individual's base period wages. Additionally, beginning July 1, 2025, unemployment claims will be eligible for a maximum of 26 weeks of benefits. The bill also establishes a work group within the Commission on Unemployment Compensation to study and potentially implement annual adjustments to weekly benefit amounts, based on the average weekly wage as determined by the Virginia Employment Commission. This work group, which will include both employee and employer representatives, is required to meet quarterly, complete its work by July 1, 2026, and submit a comprehensive report to the Governor and General Assembly by September 1, 2026. The goal is to create a more responsive and adaptable unemployment compensation system that can adjust benefit amounts to reflect economic changes.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (7)

Last Action

Acts of Assembly Chapter text (CHAP0640) (on 04/02/2025)

bill text


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