Ch. 2                                       1995 LAWS OF MARYLAND

completed calendar quarters immediately preceding September 30, the rates at which
employers shall bo required to pay contributions shall be determined by using the Table
of Basic Rates under subsection (d) of this section adjusted as shown in the Schedule of
Basic Rate Adjustments set forth below.

SCHEDULE OF BASIC RATE ADJUSTMENTS

When Ratio Between Fund Balance---------------------------------------Employing Unit's

on Computation Date and Total-----------------------------------------------Contribution-------

Taxable Wages for Prior Year Is:---------------------------------------------Basic Rate Shall:

[(1)—up to 2.8%------------^;-----—------------------------ ------------------------Increase by 2.0%

(2)—2.8% but less than 2.9% ------------------------------------------ —Increase by 1.9%

(3)—2.9% but less than 3.0%—--------------------------------------------- Increase by 1.8%

(4)—3.0% but less than 3.1%-------------------------------------------------Increase by 1.7%

(37)—7.1% but less than 7.2%------------------------------------------ ------Decrease by 1.7%

(38) 7.2% but loss than 7.3% ---------------------------------------------Decrease by 1.8%

(39)—7.3% but loss than 7.4%--------------------------------------------------Decrease by 1.9%

(40)—7.4% and over----------------------------------—-------------------------Decrease by 2.0%]

SECTION 3. AND BE IT FURTHER ENACTED, That notwithstanding the
provisions of Section 2 of Chapter 1 of the Acts of the General Assembly of 1994, Section
1 of this Act shall remain in effect until the end of December 31, 1995; and further, that
the provisions of § 8-612(e) of the Labor and Employment Article, as enacted by Section
7 of Chapter 544 554 of the Acts of the General Assembly of 1992, shall take effect on
January 1, 1996.

SECTION 4. AND BE IT FURTHER ENACTED, That this Act is an emergency
measure, is necessary for the immediate preservation of the public health and safety, has
been passed by a yea and nay vote supported by three-fifths of all the members elected to
each of the two Houses of the General Assembly, and, subject to the provisions of Section
5 of this Act, shall take effect from the date it is enacted.

SECTION 5. AND BE IT FURTHER ENACTED, That Section 2 of this Act
shall take effect on July 1, 1995 and shall apply to all claims filed establishing a new
benefit year on or after July 2, 1995.

Approved March 7, 1995.

CHAPTER 2
(Senate Bill 258)

AN ACT concerning

Maryland Automobile Insurance Fund - 1995 Insufficiency Assessment

FOR the purpose of altering the assessment mechanism of the Maryland Automobile
Insurance Fund by prohibiting the Board of Trustees of the Fund from certifying an

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