A bill to amend the Federal-State Extended Unemployment Compensation Act of 1970 to permit Federal Sharing of the cost of unemployment benefits which extend for 52 weeks.

[AI summary unavailable — showing source text] Increases the Federal share of the cost of unemployment benefits under the Federal-State Unemployment Compensation Act of 1970, which benefits shall be not less than whichever of the following is the least: (1) the total amount of regular compensation payable to an employee under State law for extended unemployment compensation; (2) twenty-six times the employee's average weekly benefit amount; or (3) fifty-two times an employee's average weekly benefit amount, reduced by the regular compensation paid to him during the benefit year under State law. (Amends 26 U.S.C. 3304nt.)…