South Dakota Codified Laws 61-6-61. Maximum extended benefits payable in year–Reduction of total extended benefit amount
The total extended benefit amount payable to any eligible individual with respect to the individual’s applicable benefit year shall be the least of the following amounts:
(1) Fifty percent of the total amount of regular benefits which were payable to the individual under this title in the individual’s applicable benefit year;
Terms Used In South Dakota Codified Laws 61-6-61
- Balanced budget: A budget in which receipts equal outlays.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) Thirteen times the individual’s weekly benefit amount which was payable to the individual under this title for a week of total unemployment in the applicable benefit year.
However, during any fiscal year in which federal payments to states under section 204 of the Federal-State Extended Unemployment Compensation Act of 1970 are reduced under an order issued under section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985, the total extended benefit amount payable to an individual with respect to the individual’s applicable benefit year shall be reduced by an amount equal to the aggregate of the reductions under § 61-6-60 in the weekly amounts paid to the individual.
Source: SL 1971, ch 276, § 90; SL 1987, ch 388, § 6; SL 2008, ch 277, § 145; SDCL § 61-6-40; SL 2012, ch 252, § 59.