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Session Laws, 1982
Volume 742, Page 2514   View pdf image
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2514

LAWS OF MARYLAND

Ch. 249

.0136 —

0144

___ .................... 1.7%

.0145 —

.0153

............................... 1.8%

0154 —

0162

............................. 1.9%

0163 --

0171

............................ 2.0%

0172 —

.0180

........................... 2.1%

.0181 --

.0189

.......................... 2.2%

.0190 —

.0198

............................. 2.3%

.0199 —

.0207

............................ 2.4%

.0208 --

.0216

............................. 2.5%

.0217 —

.0225

............................. 2.6%

.0226 —

.0234

............................. 2.7%

.0235 —

.0243

___...................... 2.8%

.0244 —

.0252

............................. 2.9%

.0253 --

.0261

............................. 3.0%

.0262 —

.0270

............................. 3.1%

.0271 —

.0279

3.2%

.0280 --

.0288

.......................... 3.3%

.0289 --

. 0297

.......................... 3.4%

.0298 —

.0306

............................. 3.5%

.0307 --

.0315

............................ 3.6%

.0316 —

.0324

............................. 3.7%

.0325 —

.0333

........... ,................... 3.8%

.0334 —-

0342

............................ 3.9%

0343 —-

0351

..................... 4.0%

.0352 --

.0360

___......................... 4.1%

.0361 —

.0369

............................. 4.2%

.0370 —

.0378

............................. 4.3%

.0379 --

.0387

............................ 4.4%

.0388 --

.0396

........................... 4.5%

.0397

.0405

............................. 4.6%

.0406 —

.0414

............................. 4.7%

.0415 —

.0423

.......................... 4.8%

.0424 —

.0432

............................. 4.9%

.0433 —

and over

.......................... 5.0%

For any fiscal year beginning on or after July 1, 1980
when the fund balance on the computation date equals or
exceeds 4.5 percent but is not in excess of 5.5 percent of
the total taxable wages in covered employment for the
immediately preceding calendar year, the table of basic
rates shall apply.

For any fiscal year beginning on or after July 1, 1980,
when the fund balance on the computation date is less than
4.5 percent or equals or is in excess of 5.5 percent of the
total taxable wages in covered employment for the
immediately preceding calendar year, the rates at which
employers shall be required to pay contributions shall be in
accordance with the table of basic rates, adjusted as shown
in the table of basic rate adjustments set forth below, but
in no event shall an employer be granted less than an 0.1
percent nor more than 6.0 percent rate in any fiscal year.
However, for the fiscal year beginning on July 1, 1980, the
adjustment to any employer's basic rate may not exceed an
increase of 1.5 percent.

 

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Session Laws, 1982
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