{"data":{"id":"us-va/va.-code-60.2-537","jurisdiction":"us-va","citation":"Va. Code § 60.2-537","heading":"Reduced tax rate permissible under federal amendment","body":"Notwithstanding the provisions of §§ 60.2-500 through 60.2-536, if § 3303 of the Internal Revenue Code is amended so as to allow an additional credit under § 3302 (b) of the Internal Revenue Code to employers not otherwise eligible for a reduced rate by reason of the lapse of insufficient time since first becoming subject to this title, the Commission, by a regulation promulgated under § 60.2-111, shall fix and determine the tax rate of all such employers at such reduced rate as shall then be permissible under such federal amendment.Code 1950, § 60-76.1; 1956, c. 440; 1968, c. 738, § 60.1-90; 1986, c. 480.","path":["Title 60.2. UNEMPLOYMENT COMPENSATION","Chapter 5. TAXATION","Article 4. COMPUTATION OF TAX RATE"],"source_url":"https://law.lis.virginia.gov/vacode/60.2-537/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:54Z","sha256":"f64558e15f9a2769fea8b0c6afdbe8c8ee3b23f1ff0b4a4c9bd9514ac3026d92","source_id":"us-va","stale":true,"prev":"us-va/va.-code-60.2-536.5","next":"us-va/va.-code-60.2-538"},"notice":"GroundRules: Original legal text. Not legal advice."}