Unemployment Insurance Extension Signed Into Law
President George W. Bush signed HR 2642 into law yesterday. This law, among other things, extends eligibility for unemployment insurance benefits by 13 weeks.
The provisions of the bill are effective immediately. Individuals must have worked 20 weeks to be eligible. The federal extended benefits are to be paid 100 percent from the federal extended unemployment compensation account. The money does not come out of Maryland’s Unemployment Insurance Trust Fund.
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