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Code · STATUTE-COMPILATIONS · Temporary Extended Unemployment Compensation Act of 2002 · Sec. 203

Sec. 203. TEMPORARY EXTENDED UNEMPLOYMENT COMPENSATION ACCOUNT

314 words·~1 min read·/statute-compilations/comps-8922/sec-203

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 203 TEMPORARY EXTENDED UNEMPLOYMENT COMPENSATION ACCOUNT ###
(a)In General Any agreement under this title shall provide that the State will establish, for each eligible individual who files an application for temporary extended unemployment compensation, a temporary extended unemployment compensation account with respect to such individual's benefit year. ###
(b)Amount in Account ####
(1)In general The amount established in an account under subsection
(a)shall be equal to the lesser of— #####
(A)50 percent of the total amount of regular compensation (including dependents' allowances) payable to the individual during the individual's benefit year under such law, or #####
(B)13 times the individual's average weekly benefit amount for the benefit year. ####
(2)Weekly benefit amount For purposes of this subsection, an individual's weekly benefit amount for any week is the amount of regular compensation (including dependents' allowances) under the State law payable to such individual for such week for total unemployment. ###
(c)Special Rule ####
(1)In general Notwithstanding any other provision of this section, if, at the time that the individual's account is exhausted, such individual's State is in an extended benefit period (as determined under paragraph (2)), then, such account shall be augmented by an amount equal to the amount originally established in such account (as determined under subsection (b)(1)). ####
(2)Extended benefit period For purposes of paragraph (1), a State shall be considered to be in an extended benefit period if, at the time of exhaustion (as described in paragraph (1))— #####
(A)such a period is then in effect for such State under the Federal-State Extended Unemployment Compensation Act of 1970; or #####
(B)such a period would then be in effect for such State under such Act if section 203(d) of such Act were applied as if it had been amended by striking “5” each place it appears and inserting “4”.
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