Unemployment insurance benefits eligibility.

03LSO-0013.L1

                                                         

FISCAL NOTE (HB0011)

 

 

 

FY 2004

FY 2005

FY 2006

NON-ADMINISTRATIVE IMPACT

 

 

 

Anticipated Expenditure Increase (Decrease)

 

 

 

FEDERAL FUNDS

139,800

145,392

151,208

 

 

Source of Expenditure Increase:

 

Unemployment Benefits from the Federal Unemployment Trust Fund

 

 

Assumptions:

 

1.            100 individuals receiving unemployment benefits would be affected annually.

2.            Average weekly benefit amount in FY 2004 is $233.

3.            Average weekly duration is 12 weeks.

4.            This bill eliminates the existing retirement deduction that reduces unemployment benefits by 50%.

5.            Increase in the average weekly benefit amount of 4% in FY 2005 and FY 2006.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by:

Beth Nelson, Dept of Employment

Phone:

777-6402