A bill to amend the Federal-State Extended Unemployment Compensation Act of 1970 to eliminate the national trigger, to provide for an optional State trigger, and to require 20 weeks of employment (or the wage equivalent) in order to qualify for benefits.

[AI summary unavailable — showing source text] Amends the Federal-State Extended Unemployment Compensation Act of 1970 to eliminate the "national trigger" under the extended benefits program. Provides for a State option as to criteria for State "on" and "off" indicators under such program. Requires 20 weeks of employment (or the wage equivalent) in order to qualify for benefits under such program. Amends the Internal Revenue Code to provide that the credit against employment tax liability available to an employer shall not be reduced due to advances made to the unemployment account of a State under title XII (Advances to State Unemployment Funds) of the Social Security Act, if such State repays during the one-year period ending on November 9 of the taxable year the advances made to its unemployment account and such repayments are not less than the sum of the State's potential additional taxes for the taxable year, plus any advances made to such State during the one-year period. Empowers the Secretary of Labor to require a State to furnish any information necessary to determine if such State has made proper repayments. Permits States which borrow Federal funds for payment of unemployment benefits to qualify for a cap on any incr…