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Session Laws, 1985
Volume 760, Page 676   View pdf image
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676                                              LAWS OF MARYLAND                                      Ch. 10

.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 -- . 0441 ..................................           5.0%

.0442 -- .0450..................................           5.1%

.0451 -- . 0459 ................................           5.2%

.0460 -- . 0468..................................           5.3%

.0469 -- and over...............................           5.4%

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,
1984, the adjustment to any employer's basic rate may not exceed
an increase of 1.7 percent.] However for the fiscal years
beginning on July 1, 1984 and July 1, 1985, the adjustment on any
employer's basic rate may not exceed an increase of 1.7 percent,

 

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Session Laws, 1985
Volume 760, Page 676   View pdf image
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