Text: HSB00576 Text: HSB00578 Text: HSB00500 - HSB00599 Text: HSB 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 1997, is amended to read as 1 3 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 – 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 1.30–1.40 8 1 16 1.40 – 9 1 17 Sec. 2. Section 96.7, subsection 2, paragraph d, the table 1 18 following unnumbered paragraph 4, Code 1997, is amended to 1 19 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 ––––––––––––––––––––––––––––––––– 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 Sec. 3. Section 96.7, subsection 12, paragraph d, Code 2 12 1997, is amended to read as follows: 2 13 d. This subsection is repealed July 1,19982001, and the 2 14 repeal is applicable to contribution rates for calendar year 2 1519992002 and subsequent calendar years. 2 16 Sec. 4. Section 96.7, subsection 12, Code 1997, is amended 2 17 by adding the following new paragraph: 2 18 NEW PARAGRAPH. e. The collection of the administrative 2 19 contribution surcharge imposed by this subsection shall be 2 20 suspended for each calendar year for which the director 2 21 determines that federal legislation provides for the transfer 2 22 of responsibility for the appropriation of federal 2 23 unemployment taxes from the federal government to the states. 2 24 The suspension shall commence at the beginning of the first 2 25 calendar year following enactment of the federal legislation. 2 26 Sec. 5. EFFECTIVE DATE. This Act takes effect June 30, 2 27 1998. 2 28 EXPLANATION 2 29 The bill adds an additional employer contribution rate 2 30 table to the current eight tables that are used to calculate 2 31 an employer's liability for unemployment compensation 2 32 contributions. The bill also modifies the table used to 2 33 calculate which rate table is to be used by the department of 2 34 workforce development in calculating an employer's liability 2 35 by providing for the use of the ninth table. The bill then 3 1 establishes the contribution rates for the ninth contribution 3 2 rate table. The ninth table provides for a lower employer 3 3 contribution rate and would be triggered when the current 3 4 reserve funds for paying benefits are comparatively the 3 5 greatest. 3 6 This bill also amends the provision which would have 3 7 repealed the employment security administrative contribution 3 8 surcharge and its fund effective July 1, 1998, to provide for 3 9 its repeal on July 1, 2001. In addition, the bill adds a new 3 10 provision which provides for the suspension of the surcharge 3 11 for each calendar year following the adoption of federal 3 12 legislation transferring certain responsibilities related to 3 13 unemployment contribution appropriations to the states. The 3 14 bill provides that the director of the department of workforce 3 15 development shall make the determination as to whether the 3 16 federal legislation has been adopted. 3 17 The bill takes effect June 30, 1998, in order to take 3 18 effect before the scheduled repeal of Code section 96.7(12)(d) 3 19 on July 1, 1998. 3 20 LSB 3456XL 77 3 21 ec/sc/14.1
Text: HSB00576 Text: HSB00578 Text: HSB00500 - HSB00599 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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