Title 20

SECTION 404.1263

404.1263 When fractional part of a cent may be disregarded - for wages paid prior to 1987.

§ 404.1263 When fractional part of a cent may be disregarded - for wages paid prior to 1987.

In paying contributions to a Federal Reserve bank or branch, a State may disregard a fractional part of a cent unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall be used in computing the total of contributions.

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