582                              Laws of Maryland                      [Ch. 447

1958 Supplement), title "Unemployment Insurance Law", under
Sub-title "Definitions", relating to the definition of wages.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 20 (n) of Article 95A of the Annotated Code of Mary-
land (1957 Edition; 1958 Supplement), title "Unemployment Insur-
ance Law", under sub-title "Definitions", be and it is hereby repealed
and re-enacted, with amendments, to read as follows:

20.[Enumeration.] Remuneration.

(n) "Wages" means all remuneration for personal services, in-
cluding commissions and bonuses and the cash value of all compen-
sation in any medium other than cash. The reasonable cash value
of compensation in any medium other than cash shall be estimated
and determined in accordance with rules prescribed by the Execu-
tive Director. Amounts paid to traveling salesmen or other in-
dividuals as allowance or reimbursement for traveling or other ex-
penses incurred on the business of the employing unit shall be deemed
to constitute wages only to the extent of the excess of such amounts
over the expenses actually incurred and accounted for by the in-
dividual to his employing unit; provided that the term "wages" shall
not include:

(1)   After January 1st, 1957, that part of remuneration which,
after remuneration equal to $3,000 has been paid during any calendar
year to an individual by an employer, or his predecessor, or by a
combination of both the employer and his predecessor, with respect
to employment, is paid during such calendar year to such individual
by such employer, or his predecessor, or by a combination of both
the employer and his predecessor, with respect to employment in this
State or any other state. The term predecessor as used in this sub-
section shall mean the same as it means in Section 8 (c) (5) of this
article [;] , provided, that if the maximum amount of wages taxable
under the Federal Unemployment Tax Act or any other federal tax
law against which credit may be taken for contributions into a state
unemployment insurance fund is increased in the future over and
above the amount of $3,000 in any calendar year, the limitation set
forth above in this section shall automatically increase in an amount
corresponding to the increase in taxable wages under said federal
law, BUT THE INCREASE AUTHORIZED BY THE FEDERAL
LAW SHALL NOT EXCEED $3,600.00.

(2)    The amount of any payment (including any amount paid
by an employer for insurance or annuities, or into a fund, to provide
for any such payment) made to, or on behalf of, an employee or any
of his dependents under a plan or system established by an employer
which makes provision for his employees generally (or for his em-
ployees generally and their dependents) or for a class or classes of
his employees (or for a class or classes of his employees and their
dependents), on account of (A) retirement, or (B) sickness or acci-
dent disability, or (C) medical or hospitalization expenses in con-
nection with sickness or accident disability, or (D) death;

(3) Any payment made to an employee (including any amount paid
by an employer for insurance or annuities, or into a fund, to provide
for any such payment) on account of retirement;