BLAIR LEE III, Acting Governor                           2555

SHALL BE ONE-HALF OF ALL EXTENDED BENEFITS PAID FOR WEEKS

OF UNEMPLOYMENT BEGINNING ON OR BEFORE DECEMBER 31, 1978,

AND ALL EXTENDED BENEFITS PAID FOR WEEKS OF UNEMPLOYMENT

BEGINNING AFTER DECEMBER 31, 1978. HOWEVER, A NONPROFIT
ORGANIZATION OR GOVERNMENTAL ENTITY SHALL NOT BE REQUIRED TO

PAY TO THE EXECUTIVE DIRECTOR THE AMOUNT OF ANY BENEFITS

PAID TO AN INDIVIDUAL WHOSE BASE PERIOD WAGES INCLUDE WAGES

FOR PREVIOUSLY UNCOVERED SERVICES, AS DEFINED IN $ 20 (N-1)

OF THIS ARTICLE, TO THE EXTENT THAT THE FUND IS REIMBURSED

FOR THE BENEFITS UNDER THE UNEMPLOYMENT COMPENSATION

AMENDMENTS OF 1976.

(i) Any nonprofit organization which is,

or becomes, subject to this act on January 1, 1972, may

elect to become liable for payments in lieu of contributions
for a period of not less than one taxable year beginning

January 1, 1972, provided it files with the Executive

Director a written notice of its election within the 30—day
period immediately following the date or within a like
period immediately following the date of enactment of this
subparagraph, whichever occurs later.

(ii) Any nonprofit organization which
becomes subject to this act after January 1, 1972, may elect
to become liable for payments in lieu of contributions for a
period of not less than 12 months beginning with the date on
which that subjectivity begins by filing a written notice of

its election with the Executive Director not later than 3 0

days immediately following the date of the determination of
that subjectivity.

(iii) Any nonprofit organization which

makes an election in accordance with subparagraph (i) or

subparagraph (ii) of this paragraph will continue to be
liable for payments in lieu of contributions until it files
with the Executive Director a written notice terminating its
election not later than 30 days prior to the beginning of

the taxable year for which that termination shall first be

effective.

(iv) Any nonprofit organization which has

been paying contributions under this act for a period

subsequent to January 1, 1972, may change to a reimbursable

basis by filing with the Executive Director not later than

30 days prior to the beginning of any taxable year a written
notice of election to become liable for payments in lieu of

contributions. That election shall not be terminable by

the organization for that and the following year.

(v) The Executive Director may for good
cause extend the period within which a notice of election,
or notice of termination, must be filed and may permit an

election to be retroactive but not any earlier than with

respect to benefits paid after December 31, 1971.

(vi) The Executive Director, in accordance

with whatever regulations he may prescribe, shall notify

each nonprofit organization of any determination which he