A bill to temporarily suspend certain amendments made to the extended unemployment compensation program by the Omnibus Budget Reconciliation Act of 1981, and for other purposes.

Provides that, for six months, the Federal-State Extended Unemployment Compensation Act of 1970 shall be applied as if: (1) specified amendments made by the Omnibus Budget Reconciliation Act of 1970 (which excluded extended and additional unemployment compensation claims from the determination of the insured unemployment rate and which raised the level of State unemployment required to trigger the extended unemployment compensation program) had not been enacted; and (2) such State trigger were based solely on a State insured unemployment rate of five percent for that week and the immediately preceding 12 weeks (waiving the 120 percent factor).