Bill > H48

This bill addresses three main provisions related to unemployment insurance (UI) in North Carolina. First, it establishes that any executive order expanding unemployment benefits is void unless explicitly authorized by the General Assembly or Congress, and specifically ratifies sections of a previous executive order (No. 322) issued in October 2024, which will terminate on March 1, 2025. Second, the bill increases the maximum weekly UI benefit amount from $350 to $450, applicable to claims filed on or after March 2, 2025, which means unemployed workers can receive up to $450 per week instead of the previous $350 limit. Third, the bill provides employers with a tax credit for unemployment insurance contributions due in 2025, allowing them to receive a credit equal to the contributions they paid in the fourth quarter of 2024, which can be applied to their contributions due on the April 30, 2025 report, with any excess credit amount to be refunded. The bill aims to provide both financial relief to unemployed workers through increased benefits and support for employers by offering a tax credit during the 2025 calendar year.

Budget and Finance, Government Affairs

https://www.ncleg.gov/BillLookUp/2025/H48