(1) For weeks of unemployment beginning on or after November 1, 2020:
(a) There is an "on" indicator for a week of TUR extended benefits, in the amount determined pursuant to sections 8-75-104 and 8-75-105, if subsections (1)(a)(I) and (1)(a)(II) of this section apply:
The seasonally adjusted TUR, as determined by the United States secretary of labor,for the most recent three months for which data for all states is published, equals or exceeds six and one-half percent;
The average TUR in the state equals or exceeds one hundred ten percent of the TURfor either or both of the corresponding three-month periods in the two preceding calendar years.
Repealed.
(b) There is an "off" indicator for weeks of TUR extended benefits if any of the following applies:
The TUR falls below six and one-half percent;
The requirement described in subsection (1)(a)(II) of this section is not satisfied; or
Pursuant to section 4105 of the federal "Families First Coronavirus Response Act",Pub.L. 116-127, as amended, or pursuant to any other federal law, there is not an extension of one hundred percent federal sharing available to cover the cost of extended benefits.
(2) For weeks of unemployment beginning on or after November 1, 2020, the total amount of TUR extended benefits payable in a high unemployment period to an eligible individual with respect to his or her applicable benefit year shall be the least of the following amounts:
Eighty percent of the total amount of regular benefits that were payable to the eligible individual under articles 70 to 82 of this title 8 in the applicable benefit year;
Twenty times the weekly benefit amount that was payable to the eligible individualunder articles 70 to 82 of this title 8 for a week of total unemployment in the applicable benefit year; or
Forty-six times the individual's weekly benefit amount, including any applicable dependents' allowances, for a week of total unemployment in the applicable benefit year, reduced by the total amount of regular benefits that were paid or deemed paid to the individual with respect to the applicable benefit year.
Source: L. 2009: Entire section added, (SB 09-247), ch. 405, p. 2235, 9, effective July 1. L. 2011: (1) amended, (SB 11-010), ch. 76, p. 209, 3, effective March 29. L. 2020, 1st Ex. Sess.: IP(1), IP(1)(a), (1)(b), and (2) amended and (1)(a)(III) repealed, (SB 20B-002), ch. 8, p. 43, 4, effective December 7.