An Act to reduce the duration of an individual's reemployment benefits.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That § 61-6-8 be AMENDED:
61-6-8.
Unless the
provisions of §§ 61-6-49
to 61-6-64,
inclusive, apply, an individual's maximum benefit amount is an amount
equal to one-third of the individual's total base period wages in
covered employment not to exceed
twenty-six
twelve times the
individual's weekly benefit amount. If that amount is not a multiple
of one dollar, it is lowered to the next lower multiple of one
dollar.
Trade readjustment payments may
allow an individual to receive benefits in excess of
twenty-six
twelve weeks if the
individual is in training approved by the secretary under the Trade
Act of 1974, as amended by section 2501 of P.L. 97-35--August 13,
1981, and then only as long as necessary to complete the training.
If the benefit year of an individual ends within an extended benefit period, the number of weeks of extended benefits that the individual would, but for this section, be entitled to in that extended benefit period is reduced by the number of weeks for which the individual received any amounts as trade readjustment allowances within that benefit year, multiplied by the individual's weekly benefit amount for extended benefits.
Underscores indicate new language.
Overstrikes
indicate deleted language.