Text: SF02358                           Text: SF02360
Text: SF02300 - SF02399                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index



Senate File 2359

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 96.7, subsection 2, paragraph d,
  1  2 unnumbered paragraph 2, Code Supplement 1999, 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      –          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 Supplement 1999, 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 –––––––––––––––––––––––––––––––––
  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 also modifies the table used to
  2 16 calculate which rate table is to be used by the department of
  2 17 workforce development in calculating an employer's liability
  2 18 by providing for the use of the ninth table.  The bill then
  2 19 establishes the contribution rates for the ninth contribution
  2 20 rate table.  The ninth table provides for a lower employer
  2 21 contribution rate and would be triggered when the current
  2 22 reserve funds for paying benefits are comparatively the
  2 23 greatest.  
  2 24 LSB 6994SV 78
  2 25 ec/cls/14
     

Text: SF02358                           Text: SF02360
Text: SF02300 - SF02399                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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