Establishes the Unemployment Administration Adjustment Fund

This act requires each employer liable for contributions pursuant to the unemployment compensation law to pay an annual unemployment administration adjustment in an amount equal to five one-hundredths of one percent of such employer's total taxable wages for the twelve-month period ending the preceding June 30. Each employer liable to pay an unemployment administration adjustment shall be notified of the amount due under this act by March thirty-first of each year and such amount shall be considered delinquent thirty days thereafter. The act contains certain exceptions where employers will not be charged.