Reduces the maximum amount of regular unemployment benefits to 14 times the individual's weekly benefit. (Under current law, the maximum amount of regular unemployment benefits is 26 times the individual's weekly benefit or 28% of the individual's wage credits, whichever is less.) Provides for additional benefits in an amount not to exceed two times the individual's weekly benefit if the individual meets certain conditions. Removes outdated provisions. Makes conforming changes.

Statutes affected:
Introduced Senate Bill (S): 22-4-11-1, 22-4-12-4