HB2847

Arizona HB2847 increases the weekly benefit amount for unemployment benefits.

Arizona HB2847 amends section 23-779 of the Arizona Revised Statutes to increase the weekly benefit amount for unemployment benefits. The weekly benefit amount is now set at 1/25 of the individual's total wages for the highest-earning quarter of their base period, but not exceeding $500. If the calculated amount is less than the maximum and not a multiple of $1, it is rounded to the nearest dollar, with an even one-half dollar rounding up. The bill also ensures that the benefit amount is not redetermined during the benefit year due to changes in the maximum or minimum weekly benefit amount.