Floor on the minimum replacement of wages

(a) In general Section 3304(a) of the Internal Revenue Code of 1986, as previously amended by this title, is amended— (1) in paragraph (19), by striking and at the end; (2) by redesignating paragraph (20) as paragraph (21); and (3) by inserting after paragraph (19) the following new paragraph: (20) an individual’s weekly benefit amount is equal to the lesser of— (A) the maximum weekly benefit amount under the State law; or (B) an amount equal to the quotient of— (i) an amount equal to at least 75 percent of the total earnings in the quarter of the individual’s base period with the highest earnings; divided by (ii) 13; and. (b) Effective date The amendments made by subsection (a) shall apply to weeks of unemployment beginning on or after the earlier of— (1) the date the State changes its statutes, regulations, or policies in order to comply with such amendments; or (2) January 1, 2027.