This bill proposes significant updates to New Hampshire's unemployment compensation system by repealing and reenacting RSA 282-A:25, which establishes a new structure for determining maximum weekly benefit amounts based on individual annual earnings. The new law introduces a detailed table that sets the maximum weekly benefit amounts, ranging from $32 for individuals earning $2,800 annually to $669 for those earning $65,000. This represents a notable increase from the previous maximum weekly benefit of $427, which has been unchanged since 2007.

Additionally, the bill introduces "stress tests" for the Unemployment Compensation Trust Fund to assess its performance during economic downturns, utilizing historical data from past recessions. The Department of Employment Security will conduct these tests and provide results based on scenarios from the early 2000s and the Great Recession. While the bill does not allocate funding or authorize new positions, it is expected to have fiscal implications, potentially increasing unemployment compensation payments and impacting employer tax rates, particularly for reimbursable employers. Overall, the legislation aims to enhance unemployment benefits while considering the financial implications for the state and its employers.