Page:United States Statutes at Large Volume 85.djvu/791

This page needs to be proofread.
[85 STAT. 761]
[85 STAT. 761]
PUBLIC LAW 92-000—MMMM. DD, 1971

85 STAT. ]

PUBLIC LAW 92-211-DEC. 22, 1971

761

percentage differential for each employer shall be computed to the next higher one-tenth of 1 per centum."; (C) by striking out subparagraph (iii) and inserting in lieu 57 Stat. 105. D.C. Code thereof: 45-303 " (C) If on December 20 of any year, the amount in the fund becomes less than 2 per centum of the total annual payrolls subject to contributions under the Act for the twelve-consecutive-month period ending on the preceding June 30, the Board shall make a declaration to that effect. Effective the quarter following such announcement, each employer's (including each new subject employer's) rate of contribution shall be the standard rate."; (D) by striking out "paragraph ( i v) " in the last senttmce of subparagraph (iv) and inserting in lieu thereof "subparagraph ^i Stat. 494. (D)";and (E) by redesignating subparagraph (iv) as subparagraph (D). (18) Section 3(c)(5) of such Act (D.C. Code, sec. 46-303(c)(5)) is En^p/oyers, ^

i

-,

\

/ \

/

\

7

\

/

\

/

/

classification.

amended— eo Stat. 527. (A) by amending the first sentence to read as follows: "The Board shall for any uncompleted portion of the calendar year beginning July 1, 1943, and for each calendar year thereafter classify employers in accordance with their actual experience in the payment of contributions and wath respect to benefits charged against their accounts, except as provided in section 3(c)(3) of ^"*®' P- '^^^^ this Act."; and (B) by striking out "3(c)(4)(i) " and inserting in lieu thereof "3(c)(4)(A)". (19) Section 3(c)(7) of such Act (D.C. Code, sec. 46-303(c)(7)) is eo Stat. 527; ^

i

^

\

/ \

J

\

•)

V / V / / 5 8

Stat. 990.

amended— (A) by redesignating subclauses (1), (2), (3), and (4) of clause (ii) as (1), ( II), ( III), and ( IV), respectively; and (B) by redesignating subparagraphs (a) through (f) as subContribution paragraphs (A) through (F), respectively. rate. (20) Section 3(c)(8) of such Act (D.C. Code, sec. 46-303(c)(8)) is amended— (A) by amending subparagraph (i) to read as follows: ^^ ^*^*- ^^^• " (A) I f as of the computation date the total of all contributions credited to any employer's account, with respect to employment since May 31, 1939, is in excess of the total benefits paid after June 30, 1939, then chargeable or charged to his account, such excess shall be known as the employer's reserve, and his contribution rate for the ensuing calendar year or part thereof shall be— " (i) 2.7 per centum if such reserve is less than 0.5 per centum of his average annual payroll; "(ii) 2 per centum if such reserve equals or exceeds 0.5 per centum but is less than 1 per centum of his average annual payroll; "(iii) 1.5 per centum if such reserve equals or exceeds 1 per centum but is less than 1.5 per centum of his average annual payroll; " (iv) 1 per centum if such reserve equals or exceeds 1.5 per centum but is less than 2.5 per centum of his average annual payroll; " (v) 0.5 per centum if such reserve equals or exceeds 2.5 per centum but is less than 3 per centum of his average annual payroll; " (vi) 0.1 per centum if such reserve equals or exceeds 3 per centum of his average annual payroll."; (B) by inserting immediately before the period at the end of subparagraph (ii) "except as provided in subsection (c)(3) of ^^ ^*^*- ^*^5. this section"; and (C) by redesignating subparagraphs (ii), (iii), and (iv) as 7/star48^^^' subparagraphs (B), (C), and (D),respectively.