The proposed legislation, General Assembly Raised Bill No. 347, aims to increase the threshold amount for felony unemployment compensation fraud. Specifically, it amends subsection (f) of section 31-273 of the general statutes, replacing the previous threshold of five hundred dollars with a new threshold of two thousand dollars. Under the revised law, individuals who knowingly make false statements or fail to disclose material facts to obtain unemployment benefits will be guilty of a class A misdemeanor if the fraudulent amount is two thousand dollars or less, and guilty of a class D felony if the amount exceeds two thousand dollars.

Additionally, the bill modifies the language regarding the subject of the fraudulent actions, changing references from "himself or herself" and "his or her" to "such person" and "such person's," respectively. The act is set to take effect on October 1, 2026, and includes a provision that allows for prosecution of violations committed on or after October 1, 1977, within a five-year timeframe. The purpose of this bill is to adjust the legal framework surrounding unemployment compensation fraud to reflect a higher threshold for felony charges.