By Carona S.B. No. 1138
77R2797 AEI-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to contribution rates for cotton ginners for unemployment
1-3 compensation purposes.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 204.007, Labor Code, is amended to read
1-6 as follows:
1-7 Sec. 204.007. Special Rate--Cotton Ginning Employer. [(a)]
1-8 An employer identified by the commission as classified in the
1-9 manual as Number 115111 [0724], cotton ginning, shall [may elect
1-10 to] pay a contribution at the lowest of the following rates:
1-11 (1) [a total fixed rate of] five and four-tenths
1-12 percent; [instead of paying a contribution computed on:]
1-13 (2) [(1)] the general tax rate applicable to that
1-14 employer, with the deficit tax rate and replenishment tax rate; or
1-15 (3) [(2)] any other tax rate applicable to that
1-16 employer under this subtitle.
1-17 [(b) An employer must notify the commission of an election
1-18 under this section in writing not later than December 31 preceding
1-19 the year for which the election is made.]
1-20 SECTION 2. This Act takes effect September 1, 2001.