HB 542-FN - AS INTRODUCED 2025 SESSION 25-0379 05/06 HOUSE BILL542-FN AN ACTrelative to weekly benefit amounts for unemployment compensation. SPONSORS:Rep. MacKenzie, Hills. 40; Sen. Long, Dist 20; Sen. Perkins Kwoka, Dist 21 COMMITTEE:Labor, Industrial and Rehabilitative Services ----------------------------------------------------------------- ANALYSIS This bill updates the weekly benefit amount for total unemployment and the maximum total amount of benefits payable during any benefit year. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Explanation:Matter added to current law appears in bold italics. Matter removed from current law appears [in brackets and struckthrough.] Matter which is either (a) all new or (b) repealed and reenacted appears in regular type. 25-0379 05/06 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty Five AN ACTrelative to weekly benefit amounts for unemployment compensation. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Unemployment Compensation; Weekly Benefit Amount; Maximum Total Amount of Benefits. RSA 282-A:25 is repealed and reenacted to read as follows: 282-A:25 Weekly Benefit Amount for Total Unemployment and Maximum Total Amount of Benefits Payable During any Benefit Year. The maximum weekly benefit amount and maximum benefits payable to an eligible individual, whose benefit year begins on or after the effective date of this section, shall be determined by the individual's annual earnings. In each of 2 calendar quarters, the individual must have earned not less than $1,400, as follows: Annual Earnings of Maximum Weekly Not Less Than Benefit Amount Maximum Benefits $2,80032$832 310035910 3400391014 3900451170 4200481248 4500521352 4800551430 5100591534 5600641664 6100691794 6600751950 7000802080 7400832158 7800882288 8200922392 8600962496 90001012626 95001052730 100001102860 105001152990 110001203120 115001263276 125001373562 135001483848 145001594134 155001674342 165001784628 175001884888 185001995174 195002065356 205002175642 215002275902 225002386188 235002496474 245002546604 255002656890 265002757150 275002867436 285002907540 295003017826 305003118086 315003218346 325003318606 335003428892 345003529152 355003629412 365003729672 375003839958 3850039410244 3950040510530 4050041610816 4150042711102 4250043711362 4450045811908 4650047812428 4850049912974 5000051413364 5200053513910 5400055614456 5600057614976 5800059715522 6000061716042 6250064316718 6500066917394 2 Effective Date. This act shall take effect 60 days after its passage. LBA 25-0379 1/9/25 HB 542-FN- FISCAL NOTE AS INTRODUCED AN ACTrelative to weekly benefit amounts for unemployment compensation. FISCAL IMPACT: The Office of Legislative Budget Assistant is unable to complete a fiscal note for this bill as it is awaiting information from NH Employment Security. The Department was contacted on 12/16/24 for a fiscal note worksheet. When completed, the fiscal note will be forwarded to the House Clerk's Office. AGENCIES CONTACTED: NH Employment Security