A bill for an act relating to the maximum amount of unemployment benefits payable during a benefit year.

SF 157 changes Iowa's unemployment benefit calculation by increasing the maximum benefit amount from 16 to 26 times an individual's weekly benefit amount during a benefit year. This directly affects unemployed Iowans who qualify for benefits, as it allows them to receive more total benefits before reaching the cap. The bill also includes a special provision: workers laid off due to an employer closing their facility get the 26x maximum benefit, even if it exceeds their wage credits. Current law limits benefits to 16x the weekly amount, but this bill expands that limit. The change applies to all eligible individuals, with the exception for business closures triggering the higher cap.