Relates to increasing the maximum benefit rate for unemployment insurance

This bill increases the maximum weekly unemployment insurance benefit rate in New York. It changes the calculation method so that starting in 2026, the maximum benefit will equal 50% of the state's average weekly wage (updated annually), replacing previous fixed dollar amounts. The change directly affects unemployed workers who receive the highest possible unemployment benefits under the state program. The bill also establishes that the maximum benefit amount cannot decrease from the previous year's level. This policy update ensures benefits adjust annually based on wage trends rather than fixed schedules.