An act establishing a diminished salary offset for unemployment benefits, the official text

House File 18 - Introduced HOUSE FILE 18 BY LOHSE A BILL FOR An Act establishing a diminished salary offset for unemployment 1 benefits. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1320YH (1) 91 je/js H.F. 18 Section 1. Section 96.3, Code 2025, is amended by adding the 1 following new subsection: 2 NEW SUBSECTION . 5A. Diminished salary offset. If an 3 individual receiving benefits accepts an offer of employment 4 prior to the exhausting of all benefits for the individual’s 5 benefit year and the gross weekly salary is less than the 6 individual’s weekly benefit amount, the individual shall be 7 eligible to receive an amount equal to the difference between 8 the individual’s gross weekly salary and the individual’s 9 weekly benefit amount. Benefits shall be exhausted when the 10 individual’s gross weekly salary paid plus benefits received 11 equal or are greater than the maximum total amount of benefits 12 payable to the individual during the benefit year. 13 EXPLANATION 14 The inclusion of this explanation does not constitute agreement with 15 the explanation’s substance by the members of the general assembly. 16 This bill establishes a diminished salary offset for 17 unemployment benefits whereby an individual who accepts 18 employment with a gross weekly salary less than the 19 individual’s weekly unemployment benefit amount may receive an 20 amount equal to the difference between the individual’s gross 21 weekly salary and the individual’s weekly benefit amount if 22 the individual accepts such employment prior to exhausting the 23 individual’s benefits for the individual’s benefit year. The 24 individual’s benefits shall be exhausted when the individual’s 25 gross weekly salary paid plus benefits received are equal to or 26 greater than the maximum total amount of benefits payable to 27 the individual during the benefit year. 28 -1- LSB 1320YH (1) 91 je/js 1/ 1