CODING: Words stricken are deletions; words underlined are additions.

House Bill 0003

Florida House of Representatives - 1997 HB 3 By Representatives Starks, Bitner and Arnall 1 A bill to be entitled 2 An act relating to unemployment compensation; 3 requiring a reduction in certain contribution 4 rates for 1 year; amending s. 443.111, F.S.; 5 increasing the maximum weekly benefit amount 6 for unemployment compensation benefits; 7 providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Notwithstanding the initial and minimum 12 contribution rates provided in s. 443.131, Florida Statutes, 13 for employers eligible for a contribution rate that varies 14 from the standard rate and for a period of 1 year beginning 15 July 1, 1997, the Division of Unemployment Compensation of the 16 Department of Labor and Employment Security, after computing 17 such employer's initial or minimum contribution rate, shall 18 reduce such rates by 25 percent. The division shall notify 19 each such employer of the reduced rate and contributions under 20 the reduced rate shall be payable in the same manner as 21 provided by law. 22 Section 2. Subsection (3) of section 443.111, Florida 23 Statutes, as amended by chapters 96-378 and 96-423, Laws of 24 Florida, is amended to read: 25 443.111 Payment of benefits.-- 26 (3) WEEKLY BENEFIT AMOUNT.--An individual's "weekly 27 benefit amount" shall be an amount equal to one-twenty-sixth 28 of the total wages for insured work paid during that quarter 29 of the base period in which such total wages paid were the 30 highest, but not less than $32 or more than $275 $250. Such 31 weekly benefit amount, if not a multiple of $1, shall be 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 3 204-158-97 1 rounded downward to the nearest full dollar amount. The 2 maximum weekly benefit amount in effect at the time the 3 claimant establishes an individual weekly benefit amount shall 4 be the maximum benefit amount applicable throughout the 5 claimant's benefit year. 6 Section 3. This act shall take effect July 1, 1997. 7 8 ***************************************** 9 HOUSE SUMMARY 10 Requires a 25 percent reduction in contribution rates for 1 year for employers eligible for a contribution rate 11 that varies from the standard rate. Increases from $250 to $275 the maximum weekly benefit amount for 12 unemployment compensation benefits. 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2