Employment security: other; eligibility for restitution waivers; increase income and asset thresholds. Amends sec. 62 of 1936 (Ex Sess) PA 1 (MCL 421.62).

HB 5003 amends Michigan's unemployment benefits law to make it easier for low-income recipients to avoid repaying wrongly paid benefits. It increases the income threshold for hardship waivers from 150% to 200% of the federal poverty guidelines, meaning more individuals with modest household incomes qualify for relief. The bill also maintains existing waiver conditions for cases involving employer errors or agency clerical mistakes, but explicitly excludes intentional fraud. This change directly affects Michigan unemployment benefit recipients who overpaid due to administrative errors or low income, reducing their financial burden.