Virginia 2025 Regular Session

Virginia Senate Bill SB1056 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	CHAPTER 614
	1	+	2025 SESSION
	2	+
	3	+	SENATE SUBSTITUTE
	4	+
	5	+	25108383D
	6	+
	7	+	SENATE BILL NO. 1056
	8	+
	9	+	AMENDMENT IN THE NATURE OF A SUBSTITUTE
	10	+
	11	+	(Proposed by the Governor
	12	+
	13	+	on March 24, 2025)
	14	+
	15	+	(Patron Prior to SubstituteSenator Ebbin)
2	16
3	17		A BILL to amend and reenact 60.2-602 of the Code of Virginia, relating to unemployment compensation; increase weekly benefit amounts; work group; report.
4		-
5		-	[S 1056]
6		-
7		-	Approved April 2, 2025
8	18
9	19		Be it enacted by the General Assembly of Virginia:
10	20
11	21		1. That 60.2-602 of the Code of Virginia is amended and reenacted as follows:
12	22
13	23		60.2-602. Weekly benefit amount.
14	24
15	25		A. Beginning July 6, 2008, for claims effective on or after July 6, 2008, but before July 6, 2014, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.
16	26
17	27		Benefit Table Division C Duration of Benefits beginning July 6, 2008, but before July 6, 2014
18	28
19	29		SEE PRINTED BILL FOR TABLES
20	30
21	31
22	32
23	33		B. Beginning July 6, 2014, for claims effective on or after July 6, 2014, but before January 1, 2026, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.
24	34
25	35		Benefit Table Division C Duration of Benefits beginning July 6, 2014, but before January 1, 2026
26	36
27	37		SEE PRINTED BILL FOR TABLES
28	38
29	39
30	40
31	41		C. Beginning January 1, 2026, for claims effective on or after January 1, 2026, an eligible individual's weekly "benefit amount" shall be the amount appearing in Column B in the "Benefit Table" in this section on the line on which in Column A of such table, there appears the total wages for insured work paid to such individual in the two quarters of his base period in which such total wages were highest.
32	42
33	43		Benefit Table Division C Duration of Benefits beginning January 1, 2026
34	44
35	45		SEE PRINTED BILL FOR TABLES
36	46
37	47
38	48
39	49		2. That no later than October 1, 2025, the Commission on Unemployment Compensation, in consultation with the Virginia Employment Commission, shall convene a work group to meet at least once each quarter to study making annual adjustments to individual weekly benefit amounts for unemployment compensation as represented in 60.2-602 of the Code of Virginia, as amended by this act. Such annual adjustments to weekly benefit amounts shall be based on the average weekly wage as determined by the Virginia Employment Commission, and the amount of each annual adjustment shall not be less than zero. The work group shall include employee stakeholder representatives and employer stakeholder representatives. The work group shall complete its meetings by July 1, 2026, and shall submit to the Governor and General Assembly an executive summary and a report of its findings and recommendations. The executive summary and report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports no later than September 1, 2026, and shall be posted on the General Assembly's website.