3330                                             LAWS OF MARYLAND                                         Ch. 707

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984.

Approved May 29, 1984.

CHAPTER 708

(House Bill 1569)

AN ACT concerning

Unemployment Insurance - Employer Contribution Rates

FOR the purpose of requiring an employer's contribution rate
under the Unemployment Insurance Law to be calculated on the
basis of reported wages.

BY repealing and reenacting, with amendments,

Article 95A - Unemployment Insurance Law

Section 8(c)(4)(i)

Annotated Code of Maryland

(1979 Replacement Volume and 1983 Supplement)

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

Article 95A - Unemployment Insurance Law

8.

(c) Each employer shall pay contributions with respect to
employment during any fiscal year prior to July 1, 1964, as
required by this article prior to July 1, 1964, and each employer
shall pay contributions at the standard rate of two and
seven-tenths (2.7) percent of wages paid by him during the fiscal
year beginning July 1, 1964, and during each fiscal year
thereafter with respect to employment occurring after June 30,
1964, except as otherwise provided herein.

(4) The Executive Director shall determine for each
fiscal year the contribution rate of each employer who has met
the requirements specified in subsection (c)(3) of this section,
on the basis of his experience-rating record, in the following
manner:

(i) The Executive Director shall compute for
each employer a benefit ratio that is the quotient obtained by
dividing the total regular and extended benefits chargeable to
his experience-rating record and paid within the three calendar
years immediately preceding the computation date by the total of