5925.E AMH CONW CORD 4

ESB 5925 ‑ H AMDS 137 FAILED 3/7/95

By Representative Conway

     On page 3, beginning on line 28, strike all material through the end of line 1 on page 4, and insert the following:

     " 0.00 5.00 1 0.36 0.36 0.46 0.86 1.36 1.76 2.28

 5.01 10.00 2 0.36 0.36 0.66 1.06 1.56 1.90 2.47

 10.01 15.00 3 0.46 0.46 0.86 1.23 1.62 2.09 2.65

 15.01 20.00 4 0.46 0.65 1.03 1.42 1.80 2.27 2.84

20.01 25.00 5 0.66 0.84 1.22 1.61 1.99 2.46 2.93

25.01 30.00 6 0.86 1.03 1.40 1.80 2.18 2.55 3.02

30.01 35.00 7 0.96 1.21 1.59 1.99 2.36 2.73 3.11

35.01 40.00 8 1.16 1.40 1.77 2.17 2.54 2.92 3.29

40.01 45.00 9 1.36 1.58 1.95 2.36 2.73 3.10 3.47

45.01 50.00 10 1.56 1.76 2.12 2.54 2.91 3.28 3.65

50.01 55.00 11 1.86 2.02 2.30 2.72 3.09 3.45 3.74

55.01 60.00 12 2.06 2.19 2.47 2.90 3.26 3.63 3.92

60.01 65.00 13 2.26 2.36 2.64 3.08 3.44 3.81 4.09

65.01 70.00 14 2.46 2.53 2.81 3.26 3.62 3.98 4.27

70.01 75.00 15 2.76 2.70 2.97 3.43 3.79 4.15 4.35

75.01 80.00 16 2.96 2.86 3.14 3.61 3.96 4.24 4.44

80.01 85.00 17 3.16 3.02 3.30 3.78 4.14 4.41 4.53

85.01 90.00 18 3.56 4.14 4.26 4.12 4.39 4.50 4.70

90.01 95.00 19 3.96 5.40 5.80 6.00 6.20 6.40 6.60

95.01 100.00 20 5.40 5.80 6.20 6.60 7.00 7.40 7.80"

     On page 4, line 6, after "assigned" strike all material through "percent" and insert "((the)) a contribution rate ((of five and six-tenths)) that is two-tenths percent above the maximum rate in effect for the applicable rate year"

     On page 4, line 12, after "to" strike "five and six-tenths percent" and insert "((five and six-tenths)) a rate that is two-tenths percent above the maximum rate in effect"

     On page 6, beginning on line 6, strike all material through the end of line 25 and insert the following:

     "((0.00      5.00   1      0.48   0.48   0.58   0.98   1.48   1.88   2.48

       5.01   10.00  2      0.48   0.48   0.78   1.18   1.68   2.08   2.68

       10.01  15.00  3      0.58   0.58   0.98   1.38   1.78   2.28   2.88

       15.01  20.00  4      0.58   0.78   1.18   1.58   1.98   2.48   3.08

       20.01  25.00  5      0.78   0.98   1.38   1.78   2.18   2.68   3.18

       25.01  30.00  6      0.98   1.18   1.58   1.98   2.38   2.78   3.28

       30.01  35.00  7      1.08   1.38   1.78   2.18   2.58   2.98   3.38

       35.01  40.00  8      1.28   1.58   1.98   2.38   2.78   3.18   3.58

       40.01  45.00  9      1.48   1.78   2.18   2.58   2.98   3.38   3.78

       45.01  50.00  10     1.68   1.98   2.38   2.78   3.18   3.58   3.98

       50.01  55.00  11     1.98   2.28   2.58   2.98   3.38   3.78   4.08

       55.01  60.00  12     2.18   2.48   2.78   3.18   3.58   3.98   4.28

       60.01  65.00  13     2.38   2.68   2.98   3.38   3.78   4.18   4.48

       65.01  70.00  14     2.58   2.88   3.18   3.58   3.98   4.38   4.68

       70.01  75.00  15     2.88   3.08   3.38   3.78   4.18   4.58   4.78

       75.01  80.00  16     3.08   3.28   3.58   3.98   4.38   4.68   4.88

       80.01  85.00  17     3.28   3.48   3.78   4.18   4.58   4.88   4.98

       85.01  90.00  18     3.68   3.88   4.18   4.58   4.88   4.98   5.18

       90.01  95.00  19     4.08   4.28   4.58   4.98   5.08   5.18   5.38

       95.01  100.00 20     5.40   5.40   5.40   5.40   5.40   5.40   5.40))

 0.00 5.00 1 0.48 0.48 0.58 0.98 1.48 1.88 2.40

 5.01 10.00 2 0.48 0.48 0.78 1.18 1.68 2.02 2.59

 10.01 15.00 3 0.58 0.58 0.98 1.35 1.74 2.21 2.77

 15.01 20.00 4 0.58 0.77 1.15 1.54 1.92 2.39 2.96

20.01 25.00 5 0.78 0.96 1.34 1.73 2.11 2.58 3.05

25.01 30.00 6 0.98 1.15 1.52 1.92 2.30 2.67 3.14

30.01 35.00 7 1.08 1.33 1.71 2.11 2.48 2.85 3.23

35.01 40.00 8 1.28 1.52 1.89 2.29 2.66 3.04 3.41

40.01 45.00 9 1.48 1.70 2.07 2.48 2.85 3.22 3.59

45.01 50.00 10 1.68 1.88 2.24 2.66 3.03 3.40 3.77

50.01 55.00 11 1.98 2.14 2.42 2.84 3.21 3.57 3.86

55.01 60.00 12 2.18 2.31 2.59 3.02 3.38 3.75 4.04

60.01 65.00 13 2.38 2.48 2.76 3.20 3.56 3.93 4.21

65.01 70.00 14 2.58 2.65 2.93 3.38 3.74 4.10 4.39

70.01 75.00 15 2.88 2.82 3.09 3.55 3.91 4.27 4.47

75.01 80.00 16 3.08 2.98 3.26 3.73 4.08 4.36 4.56

80.01 85.00 17 3.28 3.14 3.42 3.90 4.26 4.53 4.65

85.01 90.00 18 3.68 4.26 4.38 4.24 4.51 4.62 4.82

90.01 95.00 19 4.08 5.52 5.92 6.12 6.32 6.52 6.72

95.01 100.00 20 5.40 5.80 6.20 6.60 7.00 7.40 7.80"

     On page 6, line 30, after "assigned" strike all material through "percent" and insert "((the)) a contribution rate ((of five and six-tenths)) that is two-tenths percent above the maximum rate in effect for the applicable rate year"

     On page 6, line 36, after "to" strike "five and six-tenths percent" and insert "((five and six-tenths)) a rate that is two-tenths percent above the maximum rate in effect"

EFFECT:  Increases the maximum rate for unemployment insurance contributions made by employers.  The current maximum rate of 5.4 percent of taxable payroll is increased to 5.8 percent for schedule A, and each succeeding tax schedule is correspondingly increased by 0.4 percent, up to 7.8 percent for schedule F.  Each rate schedule is made revenue neutral by reducing the rates in the lower rate classes.  The delinquent employer tax rates are changed to correspond with the new maximum rates.