This bill proposes significant updates to New Hampshire's unemployment compensation system by repealing and reenacting RSA 282-A:25. The new legal language introduces a tiered system for determining maximum weekly benefit amounts based on an individual's annual earnings, with a detailed table outlining benefits ranging from $32 for those earning $2,800 annually to $669 for individuals earning $65,000. This change effectively increases the maximum weekly benefit from the current $427, which has remained unchanged since 2007. The bill is expected to impact the Unemployment Trust Fund financially, potentially increasing both revenue and expenditures, particularly for reimbursable employers, and may affect employer tax rates.

Additionally, the bill mandates the implementation of "stress tests" for the Unemployment Compensation Trust Fund during economic downturns to evaluate its performance and solvency. The Department of Employment Security will conduct modeling scenarios based on historical unemployment rates, including those from the early 2000s recession and the Great Recession. While the bill does not specify new legal language insertions or deletions regarding the stress tests, it establishes a framework for assessing the Trust Fund's resilience during economic fluctuations. The results of these assessments are expected to be available after fiscal year 2025, with the Department of Employment Security responsible for the necessary analysis.