Chief Patron: McPike
JLARC VEC Policy Recommendation #7

Item 18 #1s

Language
Page 15, line 26, strike "$6,019" and insert "$106,019".

Page 15, after line 32, insert:

"The Commission on Unemployment Compensation shall convene an advisory committee on unemployment compensation benefits composed of an employer representative, an employee representative, a labor economist, a finance expert, a labor law expert, and any other stakeholders or subject matter experts deemed appropriate by the Commission for the following purposes: (i) to review unemployment insurance (UI) benefits, replacement ratios, and recipiency rates; (ii) to identify factors that affect UI benefits and recipiency, such as design of UI benefit calculations or UI eligibility criteria; (iii) to assess the advantages and disadvantages of potential changes to benefits; and (iv) to recommend options to the Commission to change benefit levels when needed. This advisory committee shall be established by December 1, 2022 and issue any recommendations to the Commission by June 30, 2023."