CHAPTER 107

FORMERLY

SENATE BILL NO. 199

AN ACT TO AMEND TITLE 19 OF THE DELAWARE CODE RELATING TO UNEMPLOYMENT COMPENSATION.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :

Section 1. Amend Section 3350(9), Title 19 of the Delaware Code by redesignating subsections “f.”, “g.” and “h.” as they appear therein as subsection “g.”, “h.” and “i.” respectively.

Section 2. Amend Section 3350(9), Title 19 of the Delaware Code by inserting a new subsection “f.’ to read as follows:

“f. For any calendar year beginning January 1, 2000, and thereafter, with respect to which the balance in the Unemployment Insurance Trust Fund, as certified by the Director of Unemployment Insurance to the Secretary of Labor, is equal to or greater than $250 million as of the preceding September 30, each employer’s new employer rate or basic assessment rate, whichever shall be applicable to such employer, shall be increased by a ‘supplemental assessment rate’ in accordance with the following table:

New Employer/ Supplemental

Basic Assessment Rate = Assessment Rate

.1 -- 3.9% = .3%

4.0 -- 5.9% = .3%

6.0 -- 7.9% = .3%

8.0% = .3%”

Section 3. Amend Section 3350(9), Title 19 of the Delaware Code by adding a new subsection “j.” to read as follows:

“j. For any calendar year beginning January 1, 2000, and thereafter, with respect to which the balance in the Unemployment Insurance Trust Fund , as certified by the Director of Unemployment Insurance to the Secretary of labor, is less than $250 million as of the preceding September 30, each employer’s new employer rate or basic assessment rate, whichever shall be applicable to such employer, shall be increased by a ‘supplemental assessment rate’ in accordance with the table in paragraph a., paragraph b., paragraph c., paragraph d., or paragraph e. of this subdivision as determined by the balance in the Unemployment Insurance Trust Fund.”.

Approved July 01,1999