TITLE 19


Labor


Unemployment Compensation


CHAPTER 33. UNEMPLOYMENT COMPENSATION


Subchapter VI. Temporary Emergency Employer Assessment


§ 3391. Payment of interest on federal loans.


(a) In addition to all other assessments due under this chapter if, in any calendar year, the Department has an outstanding
balance of interest accrued on advances from the federal government for the payment of benefits, or is projected to have an
outstanding balance of accruing interest, such interest cost shall be assessed against each employer subject to experience
rating. This assessment shall not apply to any governmental entity or instrumentality nor to those nonprofit organizations
that are reimbursable.


(b) The assessment shall be at a rate determined by dividing the interest described in subsection (a) of this section by 95
percent of the total taxable wages paid by all Delaware employers in the preceding calendar year. The percent resulting from
this calculation shall contain four significant figures. Each employer's assessment shall be the product obtained by multiplying
such employer's total taxable wages for the preceding calendar year by the rate specified in this subsection.


(c) Each employer shall be notified of the amount due under this section by June 30 of each year and such amount shall be
considered delinquent 30 days thereafter. Interest shall accrue on all unpaid assessments under this section at the same rate
as on regular assessments as prescribed in § 3357 of this title and shall be collectible in the same manner. The assessment
shall not affect the computation of regular assessments under this chapter.


(d) All amounts collected under this section shall be deposited in the Special Administration Fund of the Department of Labor.


64 Del. Laws, c. 158, § 8.;