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H.R. 5688, The TARGET Act

  • This bill has been mooted by the passage of another bill on the same subject or by other events. Check 'Related Bills' below to see if other bills on this subject have been passed into law. Mooted: 6/30/2008.
  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing original version (created by webmaster) with revision saved on July 24, 2008, 19:33:43 (webmaster):

H.R. 5688 would provide for a program of targeted extended unemployment compensation.

== Detailed Summary ==

<summary>
(Log inTargeted Assistance to editRestore Growth in Employment Throughout 2008 Act, or the wikiTARGET Act - Provides for federal-state agreements under which a state will make targeted extended unemployment compensation payments, for any week of unemployment beginning in the individual's eligibility period, to individuals who: (1) have exhausted all rights to regular compensation under such state law; (2) have no rights to compensation (including both regular and extended compensation) with respect to a week under such law or any other state or federal unemployment compensation law (and are not paid or entitled to be paid such additional compensation); and (3) are not receiving compensation for such week under the firstunemployment compensation law of Canada.

Declares that such period of eligibility shall consist of any week which begins between April 1, 2008, and March 31, 2009. Denies eligibility
to providean individual unless his or her benefit year ends on or after July 1, 2007.



Specifies criteria for Tier-1, Tier-2, and Tier-3 periods of increasing unemployment in
a detailed summarystate for purposes of calculating payments under this Act. Prescribes formulas for crediting amounts to recipient accounts for each period.

Requires federal payments to states in
the bill!)amount of specified percentages of the targeted extended unemployment compensation payments a state has paid to individuals. Sets such percentages with respect to a week at: (1) 50% for a Tier-1 period; (2) 75% for a Tier-2 period; and (3) 100% for a Tier-3 period.

Provides for handling of fraud and overpayments of such compensation.

</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
(Log inLatest Major Action: 4/16/2008: Referred to House subcommittee. Status: Referred to edit the wikiSubcommittee on Income Security and be the first to update the status of the bill!)Family Support.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

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== Points Against ==

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« Return to Revision History.


Visitor Comments Comments Feed for This Bill

concerned

April 7, 2008, 9:16pm (report abuse)

THIS BILL IS A JOKE and the idiot who wrote it will be lucky if gets to stay in office! S2544 is the bill that should be condidered, NOT this crappy republican version, which helps NOONE! If they wouldnt have manipulated the numbers in january the extension probably would have been approved with the stimulus package.

concerned1

April 7, 2008, 9:23pm (report abuse)

Adding to the bleak picture, the department revised the first two months of the year's job losses to a total of 152,000 from a previous estimate of 85,000.

sounds like a conspiracy is brewing

workerssurvival2008

April 20, 2008, 9:30am (report abuse)

A great place to gather and gain information
www.freewebs.com/workerssurvival2008
See ya there!

John

May 2, 2008, 8:49am (report abuse)

This bill is a start, The worst off should be helped first, that's a no brainer!!!

Cali

May 5, 2008, 6:56pm (report abuse)

I did not feel like this about our goverment until now:
"CORRUPTED" "CORRUPTED" "CORRUPTED"
"CORRUPTED" "CORRUPTED" "CORRUPTED"
"CORRUPTED" "CORRUPTED" "CORRUPTED"

rosie derosa

May 27, 2008, 12:32pm (report abuse)

What are they waiting for? We need the help out here in the trenches. There are no jobs for older citizens who have been let go due to cut backs. There is a definite recession and it will get worse. Look at the price of oil - going up and it's not even an elevator.
Our leaders need to get off their hands and do something - soon. Thank you.

Me

May 30, 2008, 2:20pm (report abuse)

The way I am reading this is that if you were exhausted before April 1, you are not included in the extension which is not fair, the scrooged up the economy so why can't we get a part in this

Harriet

June 4, 2008, 9:43am (report abuse)

This bill covers anyone that has exhausted benefits after July 2007 whats wrong with that? It's a start and covers millions of people, Democrats should be taken to the curb..

penpusher

June 23, 2008, 1:23pm (report abuse)

I was laid off the end of last August and I received benefits until the account ran dry. Rather than applying for aid, I'm still sending out resumes and have tried to do contract work with my writing. At near-58-years-old, the jobs are scarce and the preferences go to the young people. There are a lot of us out there who could really use the extension but afraid that by the time they get done talking, well, I don't know what I'm going to do beyond tomorrow.

Annie Oakley

June 28, 2008, 1:23pm (report abuse)

My company laid off over 700 and after 11 yrs. of continuous work I am now unemployed and struggling to find another job. There are none for displaced Mortgage Processors here in Northern California. I have had to try to re-evaluate what I can now do to support myself. The job market is bleak and Unemployment "One Stop Centers", do not help! They give you the run-around and we all are floundering. What I will do, is beyond me and there is not help for people like us. And we're not in a Recession? I guess if I had a Legeslators salary I'd not care, either...

T. Andrew Garrett

November 20, 2008, 11:23pm (report abuse)

I have been out of work since 3-17-06
and have survived on my savings, and
(thank God, cashing in my 401K..which would be worthless now anyway) My company was sold, and all
the older employees were canned and replaced with younger persons.
I applied for rehire, as tentatively approved...and now there is a freeze on hiring, and they have canned ALL the staff: The Office Manager had been with the firm for 46 years! This "Downsizing" is the beginning of
Great Depression II. I only hope President Obama can pull the right people together to prevent this Nation from going down the porcelin
Whirlpool!

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