Pub. L. 86-28, pt. III, sec. 306

Sec. 306. Section 8(a) of the Railroad Unemployment Insurance Act is amended (1) by inserting after “June 30, 1954” where it first appears the following: “, and before the calendar month next following the month in which this Act was amended in 1959, and is not in excess of $400 for any calendar month paid by him to any employee for services rendered to him after the month in which this Act was so amended”; (2) by inserting after “June 30, 1954” where it appears for the second time the following: “, and before the calendar month next following the month in which this Act was amended in 1959, and to not more than $400 for any month after the month in which this Act was so amended”; (3) by inserting after “June 30, 1954” were it appears for the third time the following: “, and before the calendar month next following the month in which this Act was amended in 1959, or less than $400 if such month is after the month in which this Act was so amended”; (4) by striking out “December 31, 1947” in paragraph 2 and inserting in lieu thereof “the month in which this Act was amended in 1959”; and (5) by striking out the table (except the column headings) in such paragraph 2 and inserting in lieu thereof the following: Percent $450,000,000 or more 1½ $400,000,000 or more but less than $450,000,000 2 $350,000,000 or more but less than $400,000,000 2½ $300,000,000 or more but less than $350,000,000 3 Less than $300,000,000 3¾”