Federal Register: December 13, 2000 (Volume 65, Number 240)
DOCID: FR Doc 00-31675
RAILROAD RETIREMENT BOARD
Railroad Retirement Board
NOTICE: NOTICES
SUBJECT CATEGORY:
Determination of Quarterly Rate of Excise Tax for Railroad Retirement Supplemental Annuity Program
DOCUMENT SUMMARY:
In accordance with directions in section 3221(c) of the Railroad Retirement Tax Act (26 U.S.C., 3221(c)), the Railroad Retirement Board has determined that the excise tax imposed by such section 3221(c) on every employer, with respect to having individuals in his employ, for each workhour for which compensation is paid by such employer for services rendered to him during the quarter beginning January 1, 2001, shall be at the rate of 26 cents.
In accordance with directions in section 15(a) of the Railroad
Retirement Act of 1974, the Railroad Retirement Board has determined
that for the quarter beginning January 1, 2001, 39.7 percent of the
taxes collected under sections 3221(b) and 3221(c) of the Railroad
Retirement Tax Act shall be credited to the Railroad Retirement Account
and 60.3 percent of the taxes collected under such sections 3211(b) and
3221(c) plus 100 percent of the taxes collected under section 3221(d)
of the Railroad Retirement Tax Act shall be credited to the Railroad Retirement Supplemental Account.
Dated: December 1, 2000.
[[Page 77939]]
By Authority of the Board.
Beatrice Ezerski,
Secretary to the Board.
[FR Doc. 0031675 Filed 121200; 8:45 am]
BILLING CODE 790501M
SUMMARY:
See Agency for Healthcare Research and Quality; See Food and Drug Administration; See Health Resources and Services Administration; See Substance Abuse and Mental Health Services Administration; Supplemental annuity program; determination of quarterly rate of excise tax,
DOCUMENT BODY 2:
In accordance with directions in section 3221(c) of the Railroad Retirement Tax Act (26 U.S.C., 3221(c)), the Railroad Retirement Board has determined that the excise tax imposed by such section 3221(c) on every employer, with respect to having individuals in his employ, for each workhour for which compensation is paid by such employer for services rendered to him during the quarter beginning January 1, 2001, shall be at the rate of 26 cents.
In accordance with directions in section 15(a) of the Railroad
Retirement Act of 1974, the Railroad Retirement Board has determined
that for the quarter beginning January 1, 2001, 39.7 percent of the
taxes collected under sections 3221(b) and 3221(c) of the Railroad
Retirement Tax Act shall be credited to the Railroad Retirement Account
and 60.3 percent of the taxes collected under such sections 3211(b) and
3221(c) plus 100 percent of the taxes collected under section 3221(d)
of the Railroad Retirement Tax Act shall be credited to the Railroad Retirement Supplemental Account.
Dated: December 1, 2000.
[[Page 77939]]
By Authority of the Board.
Beatrice Ezerski,
Secretary to the Board.
[FR Doc. 0031675 Filed 121200; 8:45 am]
BILLING CODE 790501M