South Carolina § 41-31-670 Special provisions for organizations that made regular contributions prior to January 1, 1969.

South Carolina Statutes

§ 41-31-670 — Special provisions for organizations that made regular contributions prior to January 1, 1969.

South Carolina § 41-31-670

Title 41LABOR AND EMPLOYMENT

Ch. 31CONTRIBUTIONS AND PAYMENTS TO THE UNEMPLOYMENT TRUST FUND

This text of South Carolina § 41-31-670 (Special provisions for organizations that made regular contributions prior to January 1, 1969.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 41-31-670 (2026).

Text

(A)Any nonprofit organization that prior to January 1, 1969, paid contributions required by Section 41-31-10 and, pursuant to Section 41-31-620, elects within thirty days after January 1, 1972, to make payments in lieu of contributions, is not required to make any such payment on account of any regular or extended benefits paid, on the basis of wages paid by the organization to individuals for weeks of unemployment which begin on or after the effective date of the election until the total amount of the benefits equals the amount of the positive balance in the experience rating account of the organization.

(B)Any nonprofit organization which has elected to become liable for payments in lieu of contributions under the provisions of Sections 41-31-620 and 41-31-630 and thereafter terminates

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(A) Any nonprofit organization that prior to January 1, 1969, paid contributions required by Section 41-31-10 and, pursuant to Section 41-31-620, elects within thirty days after January 1, 1972, to make payments in lieu of contributions, is not required to make any such payment on account of any regular or extended benefits paid, on the basis of wages paid by the organization to individuals for weeks of unemployment which begin on or after the effective date of the election until the total amount of the benefits equals the amount of the positive balance in the experience rating account of the organization. (B) Any nonprofit organization which has elected to become liable for payments in lieu of contributions under the provisions of Sections 41-31-620 and 41-31-630 and thereafter terminates the election shall become an employer liable for the payments of contributions upon the effective date of the termination but no such employer's tax rate thereafter may be less than tax rate class twelve until there have been twenty-four consecutive calendar months of coverage. Upon termination of the election to reimburse the department in lieu of contributions, if the employer was previously an employer liable for contributions, the previously established contributory account will be reopened.

Legislative History

HISTORY: 1962 Code SECTION 68-226; 1971 (57) 950; 1973 (58) 248; 1986 Act No. 362, SECTION 12; 1999 Act No. 37, SECTION 8; 2010 Act No. 234, SECTION 1, eff January 1, 2011; 2011 Act No. 63, SECTION 9, eff June 14, 2011. Effect of Amendment The 2010 amendment changed the paragraph identifiers from (1) and (2) to (A) and (B). The 2011 amendment rewrote subsection (B). ARTICLE 7 Financing Benefits Paid to Employees of Governmental Entities