Unemployment compensation; increase maximum weekly benefit amount.

HB 299 increases Mississippi's maximum weekly unemployment benefit from its current level to $275 per week, effective July 1, 2025. This change directly affects unemployed workers who qualify for benefits under Mississippi's unemployment compensation program, raising the cap on their weekly payments while maintaining a minimum of $30 per week. The bill amends Section 71-5-503 of the Mississippi Code to set this new maximum, which applies to all benefit years beginning on or after July 1, 2025. It does not alter the calculation method for determining individual benefit amounts but updates the statutory cap for the maximum payment.