SSB 5963 -
By Representative Anderson
NOT CONSIDERED 04/26/2009
Beginning on page 12, line 23 of the amendment, strike all material
through "5.40" on page 13, line 30 and insert
"Benefit Ratio | Rate Class | Rate (percent) | |
At least | Less than | ||
0.000001 | 1 | 0.00 | |
0.000001 | 0.001250 | 2 | 0.09 |
0.001250 | 0.002500 | 3 | 0.18 |
0.002500 | 0.003750 | 4 | 0.28 |
0.003750 | 0.005000 | 5 | 0.37 |
0.005000 | 0.006250 | 6 | 0.46 |
0.006250 | 0.007500 | 7 | 0.55 |
0.007500 | 0.008750 | 8 | 0.64 |
0.008750 | 0.010000 | 9 | 0.74 |
0.010000 | 0.011250 | 10 | 0.83 |
0.011250 | 0.012500 | 11 | 0.92 |
0.012500 | 0.013750 | 12 | 1.01 |
0.013750 | 0.015000 | 13 | 1.11 |
0.015000 | 0.016250 | 14 | 1.20 |
0.016250 | 0.017500 | 15 | 1.29 |
0.017500 | 0.018750 | 16 | 1.38 |
0.018750 | 0.020000 | 17 | 1.47 |
0.020000 | 0.021250 | 18 | 1.57 |
0.021250 | 0.022500 | 19 | 1.66 |
0.022500 | 0.023750 | 20 | 1.75 |
0.023750 | 0.025000 | 21 | 1.84 |
0.025000 | 0.026250 | 22 | 1.93 |
0.026250 | 0.027500 | 23 | 2.03 |
0.027500 | 0.028750 | 24 | 2.12 |
0.028750 | 0.030000 | 25 | 2.21 |
0.030000 | 0.031250 | 26 | 2.30 |
0.031250 | 0.032500 | 27 | 2.39 |
0.032500 | 0.033750 | 28 | 2.49 |
0.033750 | 0.035000 | 29 | 2.58 |
0.035000 | 0.036250 | 30 | 2.67 |
0.036250 | 0.037500 | 31 | 2.76 |
0.037500 | 0.040000 | 32 | 2.86 |
0.040000 | 0.042500 | 33 | 2.95 |
0.042500 | 0.045000 | 34 | 3.04 |
0.045000 | 0.047500 | 35 | 3.13 |
0.047500 | 0.050000 | 36 | 3.22 |
0.050000 | 0.052500 | 37 | 3.32 |
0.052500 | 0.055000 | 38 | 3.41 |
0.055000 | 0.057500 | 39 | 3.50 |
0.057500 | 40 | 5.40" |
EFFECT: Modifies array calculation factor rates. For rate classes 1 through 39, rates range from 0.0 percent to 3.5 percent (instead of from 0.0 percent to 5.35 percent). For rate class 40, the rate remains at 5.40 percent.