Bill Text: CA AB3329 | 2019-2020 | Regular Session | Amended
Bill Title: Unemployment insurance compensation: COVID-19 pandemic: temporary benefits.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-05-07 - In committee: Set, first hearing. Hearing canceled at the request of author. [AB3329 Detail]
Download: California-2019-AB3329-Amended.html
Amended
IN
Assembly
May 04, 2020 |
Introduced by Assembly Member Daly |
February 21, 2020 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law generally regulates classes of insurance, including fire insurance. Existing law defines the measure of indemnity for a loss under a fire insurance policy and requires that an insured covered by a valued policy receive the replacement value or the face amount, whichever is less, if the loss is not rebuilt or replaced.
This bill would instead require that an insured covered by a valued policy receive the replacement value or the face amount, whichever is more, if the loss is not rebuilt or replaced.
Digest Key
Vote: MAJORITY Appropriation:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 1026.2 is added to the Unemployment Insurance Code, to read:1026.2.
(a) Notwithstanding Section 1026 or any other law, any unemployment compensation benefits paid pursuant to Section 1280.6 shall not be charged against the reserve account of any employer.SEC. 2.
Section 1280.3 is added to the Unemployment Insurance Code, to read:1280.3.
(a) Notwithstanding Section 1280, for any new claims filed with an effective date on or after July 1, 2020, an individual’s weekly benefit amount shall not be less than one hundred sixty-seven dollars ($167).SEC. 3.
Section 1280.6 is added to the Unemployment Insurance Code, to read:1280.6.
(a) Notwithstanding Section 1280 or any other law, following the termination of the Federal Pandemic Unemployment Compensation amount of six hundred dollars ($600) provided pursuant to Section 2104 of Subtitle A of Title II of Division A of the federal Coronavirus Aid, Relief, and Economic Security Act (15 U.S.C. Sec. 9023) or any other federal supplemental unemployment compensation payments for unemployment due to the COVID-19 pandemic, an individual’s weekly benefit amount as otherwise provided for by this chapter shall thereafter be increased by one hundred dollars ($100) for the remainder of the duration of time the individual is entitled to receive benefits under this division with respect to a valid claim for a benefit year.(a)Notwithstanding any other law, if a loss arising out of fire is rebuilt or replaced, an insured covered by a valued policy shall receive full payment for the loss up to the face amount of the policy. If the loss is not rebuilt or replaced, an insured covered by a valued policy shall receive either the replacement value of the loss or the face amount of the policy, whichever is
more. As used in this section, “valued policy” has the meaning set forth in Section 412.
(b)This section applies only to valued policies issued or renewed on and after July 1, 1992.