§ 8-75-104 — Weekly extended benefit amount

Colorado § 8-75-104

• Jurisdiction: Colorado
• Title 08: Labor and
• Art.: Extended Benefits Program

Text

The weekly extended benefit
amount payable to an individual for a week of total unemployment in his eligibility
period shall be an amount equal to the weekly benefit amount payable to him
during his applicable benefit year; except that, for any week during a period in
which federal payments to states under section 204 of the Federal-State
Extended Unemployment Compensation Act of 1970 and amendments thereto are
reduced under section 252 of the Balanced Budget and Emergency Deficit Control
Act of 1985 and amendments thereto, the weekly extended benefit amount
payable to an individual for a week of total unemployment in his eligibility period
shall be reduced by a percentage equivalent to the percentage of the reduction in
the federal payment. Such reduced weekly extended benefit amount, if not an even
dollar amount, shall be rounded to the next lower full dollar amount.

Legislative History

Source: L. 71: R&RE, p. 946, � 18. C.R.S. 1963: � 82-13-4. L. 87: Entire section amended, p. 412, � 1, effective April 16.