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1995 LAWS OF MARYLAND

Ch. 1

BY repealing

Chapter 1 of the Acts of the General Assembly of 1991
Section 2

BY repealing and reenacting, with amendments,

Chapter 554 of the Acts of the General Assembly of 1992
Section 7

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Labor and Employment

8-612.

(e) For any calendar year beginning on or after January 1, 1992, when the
Unemployment Insurance Fund balance on September 30 of the immediately preceding
calendar year is less than 4.7% or equals or is in excess of 5.5% of the total taxable wages
in covered employment for the 4 completed calendar quarters immediately preceding
September 30, the rates at which employers shall be required to pay contributions shall be
determined by using the Table of Basic Rates under subsection (d) of this section
adjusted as shown in the Schedule of Basic Rate Adjustments set forth below.

SCHEDULE OF BASIC RATE ADJUSTMENTS

When Ratio Between Fund Balance                                                   Employing Unit's

on Computation Date and Total                                                       Contribution

Taxable Wages for Prior Year Is:                                                       Basic Rate Shall:

[(l)    up to 2.8%

(2)    2.8% but less  than  2.9%

(3)    2.9% but less  than  3.0%

(4)    3.0% but less  than  3.1%

(5)    3.1% but less  than  3.2%

(6)    3.2% but less  than  3.3%

(7)    3.3% but less  than  3.4%

(8)    3.4% but less  than  3.5%

(9)    3.5% but less  than  3.6%

(10)    3.6% but less  than  3.7%

(11)    3.7% but less  than  3.8%

(12)    3.8% but less  than  3.9%

(13)    3.9% but less  than  4.0%

(14)    4.0% but less  than  4.1%

(15)    4.1% but less  than  4.2%

(16)    4.2% but less  than  4.3%

(17)    4.3% but less  than  4.4%

(18)    4.4% but less  than  4.5%

(19)    4.5% but less  than  4.6%

(20)    4.6% but less  than  4.7%

(21)    5.5% but less  than  5.6%

Increase by 1.7% 0.9% 1 1%

Increase by 1.7% 0.9% 1 1%

Increase by 1.7% 0.9% 1.1%

Increase by 1.7% 0.9% 1.1%

Increase by 1.6% 0.9% 1.1%

Increase by 1.5% 0.9% 1 1%

Increase by 1.4% 0.9% 1.1%

Increase by 1.3% 0.9% 1.1%

Increase by 1.2% 0.9% 1.1%

Increase by 1.1% 0.9% 1.1%

Increase by 1.0% 0.9% 1.0%

Increase by 0.9%

Increase by 0.8%

Increase by 0.7%

Increase by 0.6%

Increase by 0.5%

Increase by 0.4%

Increase by 0.3%

Increase by 0.2%

Increase by 0 1%

Decrease by 0.1%