The bill proposes significant changes to Wyoming's unemployment insurance system, including a reduction in the maximum amount of unemployment benefits and a renaming of the Unemployment Insurance Commission to the Reemployment Insurance Commission. Specifically, the maximum benefits payable to eligible persons in a benefit year will be reduced from twenty-six times their weekly benefit to twenty times. Additionally, the bill amends various sections of the law to reflect this new terminology and the updated benefit structure, including changes to definitions and the commission's rulemaking authority.

Furthermore, the bill includes an appropriation of $18,000 from the general fund to the Wyoming Department of Workforce Services for updating and administering the unemployment insurance system, with a specified period for the use of these funds until June 30, 2027. The act will apply to all unemployment claims filed on or after January 1, 2027, with most provisions taking effect on that date, while the appropriation and certain sections will take effect immediately upon the bill's passage.

Statutes affected:
26LSO-0141 v0.4: 27-3-102, 27-3-304, 27-3-601, 27-14-802