Ch. 10                                      1996 LAWS OF MARYLAND

(2) dividing the figure obtained under item (1) of this subsection by the total
of the reported taxable wages for the same period.

(e) For any calendar year beginning on or after January 1, 1992, when the
Unemployment Insurance Fund balance on September 30 of the immediately preceding
calendar year is less than 4.7% or equals or is in excess of 5.5% of the total taxable wages
in covered employment for the 4 completed calendar quarters immediately preceding
September 30, the rates at which employers shall be 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

on [Computation Date] SEPTEMBER 30

and Total Taxable Wages for Prior Year Is:

Employing Unit's
Contribution
Basic Rate Shall:

(1) up to 2.8%

(2) 2.8% but less than 2.9%

(3) 2.9% but less than 3.0%

(4) 3.0% but less than 3.1%

(5) 3.1% but less than 3.2%

(6) 3.2% but less than 3.3%

(7) 3.3% but less than 3.4%

(8) 3.4% but less than 3.5%

(9) 3.5% but less than 3.6%

(10) 3.6% but less than 3.7%

(11) 3.7% but less than 3.8%

(12) 3.8% but less than 3.9%

(13) 3.9% but less than 4.0%

(14) 4.0% but less than 4.1%

(15) 4.1% but less than 4.2%

(16) 4.2% but less than 4.3%

(17) 4.3% but less than 4.4%

(18) 4.4% but less than 4.5%

(19) 4.5% but less than 4.6%

(20) 4.6% but less than 4.7%

(21) 5.5% but less than 5.6%

(22) 5.6% but less than 5.7%

(23) 5.7% but less than 5.8%

(24) 5.8% but less than 5.9%

(25) 5.9% but less than 6.0%

(26) 6.0% but less than 6.1%

(27) 6.1% but less than 6.2%

(28) 6.2% but less than 6.3%

(29) 6.3% but less than 6.4%

(30) 6.4% but less than 6.5%

(31) 6.5% but less than 6.6%

(32) 6.6% but less than 6.7%

Increase by 2.0%

Increase by 1.9%

Increase by 1.8%

Increase by 1.7%

Increase by 1.6%

Increase by 1.5%

Increase by 1.4%

Increase by 1.3%

Increase by 1.2%

Increase by 1.1%

Increase by 1.0%

Increase by 0.9%

Increase by 0.8%

Increase by 0.7%

Increase by 0.6%

Increase by 0.5%

Increase by 0.4%

Increase by 0.3%

Increase by 0.2%

Increase by 0.1%

Decrease by 0.1%

Decrease by 0.2%

Decrease by 0.3%

Decrease by 0.4%

Decrease by 0.5%

Decrease by 0.6%

Decrease by 0.7%

Decrease by 0.8%

Decrease by 0.9%

Decrease by 1.0%

Decrease by 1.1%

Decrease by 1.2%

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