Special Unemployment Compensation Act

Special Unemployment Compensation Act - Provides that each State which enters into an agreement with the Secretary of Labor, pursuant to which it makes payments of special unemployment compensation, shall be paid by the United States such amounts as are deemed necessary by the Secretary of Labor to carry out the provisions of this Act in the State.

States that an individual shall be eligible to receive a payment of special unemployment compensation or waiting period credit with respect to a week of unemployment occurring during and subsequent to a special unemployment compensation period in accordance with the provisions of this Act if the individual meets the specified requirements, including the exhaustion of all rights to compensation under all State unemployment compensation and other laws.

Provides for the periods of time to be covered by special unemployment compensation under this Act. States that a special unemployment compensation period shall commence in an area designated by the Secretary with the third week after the first week for which there is an "on" indicator for such area, and shall terminate with the third week after the first week for which there is an "off" indicator for such area. Provides that no special unemployment compensation period shall have a duration of less than 13 weeks. Sets forth the criteria for establishing "on" and "off" indicators.

Prescribes the calculations to be followed in determining the weekly amount of special unemployment benefits and sets maximum benefit amounts.

Empowers the Secretary to promulgate rules necessary to carry out the provisions of this Act. Defines the terms used in this Act. Authorizes to be appropriated such sums as may be necessary to carry out the provisions of this Act.