Notwithstanding the provisions of §§ 60.2-500 through 60.2-536, if § 3303 of the Internal Revenue Code is amended so as to allow an additional credit under § 3302 (b) of the Internal Revenue Code to employers not otherwise eligible for a reduced rate by reason of the lapse of insufficient time since first becoming subject to this title, the Commission, by a regulation promulgated under § 60.2-111, shall fix and determine the tax rate of all such employers at such reduced rate as shall then be permissible under such federal amendment.
Code 1950, § 60-76.1; 1956, c. 440; 1968, c. 738, § 60.1-90; 1986, c. 480.
Structure Code of Virginia
Title 60.2 - Unemployment Compensation
§ 60.2-501. Financing of benefits to employees of nonprofit organizations
§ 60.2-502. Bonding of nonprofit organizations
§ 60.2-503. Authority to terminate elections
§ 60.2-504. Allocation of benefit costs
§ 60.2-506. Financing of benefits to state employees
§ 60.2-507. Financing of benefits to employees of governmental entities
§ 60.2-507.1. Financing of benefits to employees of Indian tribes
§ 60.2-508. Period of coverage generally; account required
§ 60.2-509. Termination of coverage
§ 60.2-510. Election as to coverage
§ 60.2-511. How and when taxes payable
§ 60.2-512. Requiring payroll and tax reports and payment of taxes
§ 60.2-513. Failure of employing unit to file reports; assessment and amount of penalty
§ 60.2-514. Limitation on proceeding to establish liability for taxes
§ 60.2-515. Amount of taxes; increase of rate
§ 60.2-516. Taxes and payments in lieu of taxes not deducted from wages
§ 60.2-517. How fractional part of cent computed
§ 60.2-518. False statements, etc., by employing units; failure to furnish reports, etc.
§ 60.2-519. Interest on past-due taxes
§ 60.2-519.1. Bad check charge
§ 60.2-519.2. Service charge for payment of taxes by certain means
§ 60.2-520. Taxes which accrued while employer was in armed forces
§ 60.2-523. Priorities under legal dissolutions or distributions
§ 60.2-525. Statement of employer's benefit charges and taxes
§ 60.2-526. General provisions
§ 60.2-527. Tax rate of certain foreign contractors
§ 60.2-528. Individual benefit charges
§ 60.2-529. Employer's benefit charges
§ 60.2-531. Experience rating tax; table
§ 60.2-533. Fund balance factor
§ 60.2-535. Employing unit acquiring business, etc., of another employing unit
§ 60.2-536. Review of decision under § 60.2-535
§ 60.2-536.2. Advisory opinion by the Commission
§ 60.2-536.3. Violations; penalties
§ 60.2-537. Reduced tax rate permissible under federal amendment