Bill > S2097

This bill, titled the "Responsible Unemployment Compensation Extension Act of 2014," aims to extend and modify various unemployment benefit programs. Key provisions include extending the emergency unemployment compensation program until June 1, 2014, and temporarily extending other unemployment benefit provisions until May 31, 2014, with some related dates adjusted to November 30, 2014. The bill also extends funding for reemployment services and eligibility assessments through the first five months of fiscal year 2015. It introduces changes to the emergency unemployment compensation program, allowing states to require participants to engage in job retraining or community service, and mandates that individuals actively seek work through systematic and sustained efforts, with penalties for failing to do so. Furthermore, it prohibits unemployment payments to individuals with an adjusted gross income of $1,000,000 or more in the preceding year, requires states to verify income status, and mandates a report on consolidating duplicative job training programs. The bill also includes provisions for funding stabilization related to retirement plans under the Internal Revenue Code and ERISA, and it introduces a reduction in Social Security benefits for individuals receiving unemployment compensation before they reach retirement age. Finally, it extends customs user fees until September 30, 2024.