MARVIN MANDEL, Governor                        659

REPORTS DUE AND HAS PAID ALL CONTRIBUTIONS
DUE, AS REQUIRED BY THIS ARTICLE AND THE REGU-
LATIONS PROMULGATED PURSUANT THERETO, AT WHICH
TIME HE SHALL BE GRANTED HIS EARNED CONTRIBU-
TION RATE.

(c) (3) (ii) The contribution rate of each employer for whom
a benefit ratio is computed shall be as set forth in the table below,
hereafter referred to as the "table of basic rates":

Employer's Benefit	Employer's Contribution
Ratio	Basic Rate
.0000-.0000	[0.0%]0.1%
.0001-.0002	0.3%
.0003-.0030	0.6%
.0031-.0060	0.9%
.0061-.0090	1.2%
.0091-.0120	1.5%
.0121-.0150	1.8%
.0151-.0180	2.1%
.0181-.0210	2.4%
.0211-.0240	2.7%
.0241-.0270	3.0%
.0271-.0300	3.3%
.0301-and over	3.6%

The basic rates in the above table shall apply for any fiscal year
beginning on or after July 1, [1964] 1969, when the fund balance
on the computation date exceeds 4% but is not in excess of 6% of the
total taxable wages for the immediately preceding calendar year.

For any fiscal year beginning on or after July 1, [19643 1969,
when the fund balance on the computation date is less than 4%
or in excess of 6% of the total taxable wages for the immediately
preceding calendar year, the rates at which employers shall be re-
quired to pay contributions shall be in accordance with the appro-
priate rate table listed below, but in no event shall an employer be
granted less than an [0.0%] 0.1 % rate in any fiscal year.

For the purposes of this subsection, the term "fund balance"
means the total amount available for benefits in the unemployment
in