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 annual earnings, with a detailed table outlining benefits ranging from $32 for individuals earning $2,800 annually to $669 for those earning $65,000. This change effectively increases the maximum weekly benefit from the current $427, which has remained unchanged since 2007. The bill aims to enhance financial support for unemployed individuals in the state, although it does not provide funding or authorize new positions.

Additionally, the bill mandates the implementation of "stress tests" for the Unemployment Compensation Trust Fund to evaluate its performance during economic downturns. The Department of Employment Security will conduct these tests using historical data from past recessions, including the modest recession of the early 2000s and the more severe Great Recession. The results of these assessments will be reported by the Department, with any fiscal impacts expected to occur after fiscal year 2025. Overall, the bill seeks to improve the unemployment compensation framework while assessing the Trust Fund's resilience against economic challenges.