North Carolina enacted HB 1105, Coronavirus Relief Act 3.0 on September 4th, 2020. North Carolina’s newest Unemployment Surplus was created by House Bill 1105. This new benefit is referred to as “Increased Benefit Amount” or “IBA”.

On October 17th, 2020, NC Commerce began to pay the credit. People who are eligible for the COVID-19 Increased Benefit Amount will receive a $50 increase in their weekly unemployment benefit amount starting with the benefit week that began on Sept. 6 through no later than the benefit week ending Dec. 26, 2020.

People do not need to file a separate claim for IBA. Those who are eligible will automatically receive a $50 retroactive increase in their weekly unemployment benefit amount starting with the benefit week that began on Sept. 6 through no later than Dec. 26, 2020.
Eligibility for the credit applies to:

 

Employers will not be liable for these additional funds, and the employer’s unemployment tax rate will not be affected by this new program.

 


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