Beginning on page 14, line 2, strike all material through "date." on page 16, line 13 and insert the following:
     "(b) On the fifteenth day of the first month of each calendar quarter, an amount equaling twenty-five percent of the total social cost shall be transferred from the general fund into the unemployment compensation fund. The maximum amount of the total social cost transfer in any rate year shall be two and five-tenths percent of the taxable wage base. Before January 1, 2011, adjustments to the maximum amount of the total social cost transfer are prohibited, except as specifically authorized upon the affirmative vote of sixty percent of the members of each house of the legislature. For the purposes of this section, "total social cost" means the amount calculated by subtracting the array calculation factor contributions paid by all employers with respect to the four consecutive calendar quarters immediately preceding the computation date and paid to the employment security department by the cut-off date from the total unemployment benefits paid to claimants in the same four consecutive calendar quarters."

     On page 16, line 26, after "(b)" strike "(ii)"

     On page 16, line 36, after "(b)" strike "(ii)"