Section 525 - [Effective 4/8/2024 or 30 days after the commissioner of labor certifies that the department of labor has an information technology system capable of accommodating the amendments in chapter 277 of 2021, whichever occurs earlier] Partial benefit credit "Partial benefit credit" means that part of the compensation, if any, paid to a claimant with respect to a week for which benefits are claimed under the provisions of this law which is not in excess of fifty per centum of the individual's weekly benefit rate, or one hundred dollars, whichever is the greater. Such partial benefit credit, if not a multiple of one dollar, shall be computed to the next higher multiple of one dollar.
Amended by New York Laws 2023, ch. 56,Sec. CC-1, eff. 5/3/2023, app.4/1/2023.Amended by New York Laws 2022, ch. 56,Sec. JJ-1, eff. 4/9/2022.Amended by New York Laws 2021, ch. 305,Sec. 15, eff. the first Monday after 4/1/2024 or 30 days after the commissioner of labor certifies that the department of labor has an information technology system capable of accommodating the amendments in chapter 277 of 2021, whichever occurs earlier.Added by New York Laws 2021, ch. 277,Sec. 3, eff. the first Monday after 4/1/2024 or 30 days after the commissioner of labor certifies that the department of labor has an information technology system capable of accommodating the amendments in chapter 277 of 2021, whichever occurs earlier. See New York Laws 2021, ch. 305, Sec. 14.