Current Status Bill Number:4072 Type of Legislation:Joint Resolution JR Introducing Body:House Introduced Date:19970423 Primary Sponsor:Haskins All Sponsors:Haskins, Rice, Leach, Quinn, Young-Brickell, Limehouse, Davenport, Loftis, Koon, Tripp, Hamilton, Stuart, Vaughn, Hodges, Cato and Jordan Drafted Document Number:bbm\9389jm.97 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Employer contributions, to pay contribution rate equal to fifty percent of 1997 determined rate; Employment Security
Body Date Action Description Com Leg Involved
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House 19970423 Introduced, read first time, 30 HWM
referred to Committee
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TO PROVIDE THAT, WITH RESPECT TO EMPLOYMENT SECURITY CONTRIBUTIONS, EACH EMPLOYER SUBJECT TO TITLE 41 OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, AS AMENDED, SHALL PAY FOR THE PERIOD OF JANUARY 1, 1998 THROUGH DECEMBER 31, 1998 AT A CONTRIBUTION RATE EQUAL TO FIFTY PERCENT OF THE CONTRIBUTION RATE DETERMINED FOR THE PERIOD OF JANUARY 1, 1997 THROUGH DECEMBER 31, 1997.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding Section 41-31-10 of the 1976 Code or any other provision of law, with respect to employment security contributions, each employer subject to the provisions of Title 41 shall pay for the period of January 1, 1998 through December 31, 1998 at a contribution rate equal to fifty percent of the contribution rate determined for the period January 1, 1997 through December 31, 1997.
SECTION 2. This joint resolution takes effect upon approval by the Governor and expires December 31, 1998.