Iowa HF2267 adjusts the maximum amount of unemployment benefits payable during a benefit year.

Iowa HF2267 modifies the maximum total amount of unemployment benefits payable during a benefit year. It sets the maximum at 26 times the individual's weekly benefit amount, down from the current 39 times. For individuals laid off due to their employer going out of business, the maximum benefits payable is extended to 39 times the weekly benefit amount. The bill also changes the wage credit computation for these individuals, crediting their account with one-half instead of one-third of the wages for insured work paid during the base period.

Iowa HF2267 adjusts the maximum amount of unemployment benefits payable during a benefit year.

Iowa HF2267 modifies the maximum total amount of unemployment benefits payable during a benefit year. It sets the maximum at 26 times the individual's weekly benefit amount, down from the current 39 times. For individuals laid off due to their employer going out of business, the maximum benefits payable is extended to 39 times the weekly benefit amount. The bill also changes the wage credit computation for these individuals, crediting their account with one-half instead of one-third of the wages for insured work paid during the base period.