โ HB376
Reduce the maximum weeks an individual may receive unemployment
Current Status: In House Committee (Public Insurance and Pensions)
Summary
The bill reduces the maximum number of weeks an individual may receive unemployment benefits from 26 weeks to 20 weeks. It amends sections of the Revised Code related to unemployment compensation, specifying eligibility and benefit calculations. The changes apply to all new claims filed after the effective date of the amendment.
Rationale
The bill reduces unemployment benefits, which conflicts with the Libertarian principles of individual rights and economic freedom by limiting support for those in need. Both the LP and LPO platforms advocate for minimal government intervention in economic matters, and this bill represents an increase in government control over unemployment benefits.
Risks and Concerns
- Increased financial hardship for unemployed individuals
- Potential rise in poverty levels
- Reduced consumer spending due to lower benefits
