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§ 383-61-5 — Hawaii Law | CourtGPT
  1. Home/
  2. Laws/
  3. Hawaii/
  4. Title 21 - Labor and Industrial Relations371. Department of Labor and Industrial Relations371-1 Definitions/
  5. Chapter 383 - Are Deducted and Withheld. [L 1996, C 157, §2]/
  6. § 383-61-5
Hawaii Legal Code

§ 383-61-5

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§383-61.5 Special assessments on employers to pay interest on loans from Secretary of Labor. Whenever the State requests a loan from the Secretary of Labor in accordance with title XII of the Social Security Act to pay expected benefit claims during a specified period of time, the director may assess all employers the amounts that are sufficient to pay the principal and interest costs on the loan; provided that the director develops a mechanism of distributing these payments among employers in a fair and equitable manner. [L 2010, c 2, §1]