Text: HF02119 Text: HF02121 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 96.7, subsection 2, paragraph d, 1 2 unnumbered paragraph 2, Code Supplement 1995, is amended to 1 3 read as follows: 1 4 If the current reserve fund ratio, divided by the highest 1 5 benefit cost ratio: 1 6 Equals or But is The contribution rate 1 7 exceeds less than table in effect shall be 1 8 &endash; 0.3 1 1 9 0.3 0.5 2 1 10 0.5 0.7 3 1 11 0.7 0.85 4 1 12 0.85 1.0 5 1 13 1.0 1.15 6 1 14 1.15 1.30 7 1 15 1.30&endash;1.40 8 1 16 1.40 &endash; 9 1 17 Sec. 2. Section 96.7, subsection 2, paragraph d, the table 1 18 following unnumbered paragraph 4, Code Supplement 1995, is 1 19 amended to read as follows: 1 20 Approximate Contribution Rate Tables 1 21 Benefit Cumulative 1 22 Ratio Taxable Pay- 1 23 Rank roll Limit 1 2 3 4 5 6 7 8 9 1 24 &endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash;&endash; 1 25 1 4.8% 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1 26 2 9.5% 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1 27 3 14.3% 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 1 28 4 19.0% 0.4 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.0 1 29 5 23.8% 0.6 0.5 0.4 0.3 0.3 0.2 0.1 0.1 0.1 1 30 6 28.6% 0.9 0.8 0.6 0.5 0.4 0.3 0.2 0.1 0.1 1 31 7 33.3% 1.2 1.0 0.8 0.6 0.5 0.4 0.3 0.2 0.1 1 32 8 38.1% 1.5 1.3 1.0 0.8 0.6 0.5 0.3 0.2 0.1 1 33 9 42.8% 1.9 1.5 1.2 0.9 0.7 0.6 0.4 0.3 0.1 1 34 10 47.6% 2.1 1.8 1.4 1.1 0.8 0.6 0.5 0.3 0.2 1 35 11 52.4% 2.5 2.0 1.6 1.3 1.0 0.7 0.5 0.3 0.2 2 1 12 57.1% 3.0 2.4 1.9 1.5 1.1 0.9 0.6 0.4 0.2 2 2 13 61.9% 3.6 2.9 2.4 1.8 1.4 1.1 0.8 0.5 0.3 2 3 14 66.6% 4.4 3.6 2.9 2.2 1.7 1.3 1.0 0.6 0.4 2 4 15 71.4% 5.3 4.3 3.5 2.7 2.0 1.6 1.1 0.7 0.4 2 5 16 76.2% 6.3 5.2 4.1 3.2 2.4 1.9 1.4 0.9 0.5 2 6 17 80.9% 7.0 6.4 5.2 4.0 3.0 2.3 1.7 1.1 0.6 2 7 18 85.7% 7.5 7.5 7.0 5.4 4.1 3.1 2.3 1.5 0.8 2 8 19 90.4% 8.0 8.0 8.0 7.3 5.6 4.2 3.1 2.0 1.1 2 9 20 95.2% 8.5 8.5 8.5 8.0 7.6 5.8 4.3 2.8 1.6 2 10 21 100.0% 9.0 9.0 9.0 9.0 8.5 8.0 7.5 7.0 5.4 2 11 EXPLANATION 2 12 The bill adds an additional employer contribution rate 2 13 table to the current eight tables that are used to calculate 2 14 an employer's liability for unemployment compensation 2 15 contributions. The bill modifies the table used to calculate 2 16 which rate table is to be used by the department of employment 2 17 services in calculating an employer's liability by providing 2 18 for a ninth table. The bill then establishes the contribution 2 19 rates for the ninth contribution rate table. The ninth table 2 20 provides for a lower employer contribution rate and would be 2 21 triggered when the current reserve funds for paying benefits 2 22 are greatest. 2 23 LSB 3351YH 76 2 24 ec/sc/14
Text: HF02119 Text: HF02121 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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