The bill proposes significant changes to Wyoming's unemployment insurance system, including a reduction in the maximum amount of unemployment benefits available to eligible individuals. Specifically, the maximum benefits will be limited to twenty times the person's weekly benefit or thirty percent of their wages from insured work during the base period, whichever is less. Additionally, the bill renames the "unemployment insurance commission" to the "reemployment insurance commission," reflecting a shift in focus towards reemployment. This change is accompanied by amendments to various sections of the law to incorporate the new terminology.

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. The new provisions will apply to all unemployment claims filed on or after January 1, 2027, with the act itself becoming effective 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