U.S. Congress - H.R.5688 TARGET Act
H.R.5688 - TARGET Act
To provide for a program of targeted extended unemployment compensation, and for other purposes. view all titles (3)
All Bill Titles
- Short: TARGET Act as introduced.
- Short: Targeted Assistance to Restore Growth in Employment Throughout 2008 Act as introduced.
- Official: To provide for a program of targeted extended unemployment compensation, and for other purposes. as introduced.
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Latest Action Apr 16, 2008Referred to the Subcommittee on Inco... Related Bills (3) & Issues (14) Users Tracking H.R.5688 (4)
Official Summary
4/3/2008--Introduced.Targeted Assistance to Restore Growth in Employment Throughout 2008 Act, or the TARGET Act - Provides for federal-state agreements under which a state will make targeted extended unemployment compensation payments, for any week of unemployment beginning in the individual's eligibility period, to individuals who:
(1) have exhausted all rights to regular compensation under such state law;
(2) have no rights to compensation (including both regular and extended compensation) with respect to a week under such law or any other state or federal unemployment compensation law (and are not paid or entitled to be paid such additional compensation); and
(3) are not receiving compensation for such week under the unemployment compensation law of Canada. Declares that such period of eligibility shall consist of any week which begins between April 1, 2008, and March 31, 2009. Denies eligibility to an individual unless his or her benefit year ends on or after July 1, 2007. Specifies criteria for Tier-1, Tier-2, and Tier-3 periods of increasing unemployment in a state for purposes of calculating payments under this Act. Prescribes formulas for crediting amounts to recipient accounts for each period. Requires federal payments to states in the amount of specified percentages of the targeted extended unemployment compensation payments a state has paid to individuals. Sets such percentages with respect to a week at:
(1) 50% for a Tier-1 period;
(2) 75% for a Tier-2 period; and
(3) 100% for a Tier-3 period. Provides for handling of fraud and overpayments of such compensation.
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Recent Blog Coverage
CQ Today - Extension of Unemployment Benefits Fails in House
Republican Ways and Means member Jerry Weller of Illinois has a proposal ( HR 5688 ) to provide an additional 13 weeks for states that have an above-average unemployment rate, experienced a 20 percent rise in unemployment rates in the ...
current law and selected proposals extending unemployment compensation
... to temporarily extend the duration of unemployment compensation (uc) include the proposal in the senate committee on finance report of the economic stimulus act of 2008 dated january 30, 2008, hr 4934, s. 2544, hr 5688, and hr 5749. ...
OpenCongress - U.S. Congress - H.R.4934 Emergency Unemployment ...
Related Bills:. S.2544 · H.R.5749 · H.R.5688. Related Issue Areas:. Unemployment insurance · Unemployment · State laws · State and local government · 10 more · Labor statistics · Intergovernmental fis
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