SF0121 Indexing unemployment insurance. | Wyoming Bill

Plain English Breakdown

The bill summary does not provide specific details about the rounding mechanism or limits on weeks of benefits, only that it is revised and rounded.

Indexing Unemployment Insurance

The bill revises how unemployment benefits are calculated in Wyoming.

What This Bill Does

Revises the calculation of maximum unemployment benefits based on the state's average unemployment rate.

Specifies that the benefit amount is rounded up to the nearest multiple of weekly benefits.

Who It Names or Affects

People who file for unemployment after July 1, 2023

The Wyoming Department of Workforce Services

Terms To Know

base period

A specific time frame used to determine eligibility and benefit amount.

state's average unemployment rate

The most recent seasonally adjusted statewide unemployment rates published by the Wyoming Department of Workforce Services for July, August, and September.

Limits and Unknowns

This bill is no longer active as it died in committee.

It only applies to claims filed on or after July 1, 2023.

Bill History

2023-02-07 Senate

S:Died in Committee Returned Bill Pursuant to SR 5-4

2023-02-06 Senate

S No report prior to CoW Cutoff

2023-01-17 Senate

S Introduced and Referred to S07 - Corporations

2023-01-17 Senate

S Received for Introduction

2023-01-16 LSO

Bill Number Assigned

Current Bill Text

Read the full stored bill text

23LSO-0609
2023
STATE OF WYOMING
23LSO-0609
Numbered
2.0

SENATE FILE NO. SF0121

Indexing unemployment insurance.

Sponsored by: Senator(s) Driskill, Ide, Laursen, D, Salazar and Steinmetz and Representative(s) Allemand, Bear, Davis, Heiner, Hornok, Jennings, Larson, JT, Neiman, Oakley, Ottman, Pendergraft, Slagle, Strock, Tarver and Wylie

A BILL

for

AN ACT relating to labor and employment; revising the calculation of unemployment benefits; specifying applicability; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 27
‑
3
‑
304 is amended to read:

27
‑
3
‑
304.

Maximum payment.

(a)

Except as provided by W.S. 27
‑
3
‑
316, the maximum amount of benefits payable to any eligible individual in a benefit year shall not exceed
twenty
‑
six (26) times his weekly benefit or
the lesser of:

(i)

T
hirty percent (30%) of his wages payable for insured work in his base period
;
, whichever is less. This

or

(ii)

For claims submitted during a calendar year, an amount determined by multiplying the weekly benefit of the individual by the following number of weeks:

(A)

Twelve (12) weeks if the state's average unemployment rate is five percent (5%) or less;

(B)

Twelve (12) weeks plus an additional week for every one
‑
half of one percent (0.5%) that that the state's average unemployment rate is above five percent (5%);

(C)

A maximum of twenty
‑
three (23) weeks if the state's average unemployment rate equals or exceeds ten and one
‑
half percent (10.5%).

(b)

The
amount
calculated under this section
shall be computed to the next higher multiple of
his
the individual's
weekly benefit.

(c)

As used in this section, "state's average unemployment rate" means the most recent average of the seasonally adjusted statewide unemployment rates published by the department of workforce services for the third quarter which shall be the months of July, August and September.

Section 2.

This act shall only apply to unemployment claims filed on or after July 1, 2023.

Section 3
.

This act is effective July 1, 2023
.

(END)

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SF0121