Railroad Unemployment Insurance Amendments Act of 1996

[AI summary unavailable — showing source text] Railroad Unemployment Insurance Amendments Act of 1995 - Amends the Railroad Unemployment Insurance Act to revise and reduce the waiting period for unemployment benefits. Repeals the prohibition against payment of benefits for days of unemployment during the first 13-day period of unemployment registration within a benefit year in which the employee has more than four days of unemployment. Permits payment of such benefits to an employee after seven days of unemployment during such first registration period during a time of continued unemployment, if such period is the employee's initial period of continuing unemployment in that benefit year. Prohibits payment of benefits during a registration period in excess of an employee's monthly compensation base for the applicable base year. Applies the seven-day waiting period allowance and requirements, where a period of continuing employment is due to a strike-related work stoppage, to an employee's first registration period following exhaustion of benefit rights in a new period of continuing employment based upon the same work stoppage. (Currently, such waiting period would be 14 days.) Defines period of continuing unemployment. (Sec. 3) …