Iowa HF455 amends the maximum unemployment benefits payable during a benefit year.

Iowa HF455 modifies the maximum amount of unemployment benefits an eligible individual can receive during a benefit year. The bill sets the maximum total benefits to either 26 times the individual's weekly benefit amount or the total of the wage credits accrued to the individual's account during the base period, whichever is less. This change applies to individuals laid off due to their employer going out of business.

Iowa HF455 amends the maximum unemployment benefits payable during a benefit year.

Iowa HF455 modifies the maximum amount of unemployment benefits an eligible individual can receive during a benefit year. The bill sets the maximum total benefits to either 26 times the individual's weekly benefit amount or the total of the wage credits accrued to the individual's account during the base period, whichever is less. This change applies to individuals laid off due to their employer going out of business.