How does the American Jobs and Closing Tax Loopholes Act of 2010 impact on Federal Additional Compensation (FAC) funds?
The bill does not include an extension of the $25-a-week Federal Additional Compensation (FAC) funds. No new unemployment benefits claim effective on May 30, 2010 or later will have the additional $25 FAC entitlement attached to it. However, any claimant who had a new state UI benefit year established before May 30, 2010 can continue to collect FAC in conjunction with any benefits associated with that benefit year, whether it is state unemployment benefits, EUC or EB. Those FAC benefits can be collected until they are exhausted but not beyond the week ending December 11, 2010.
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