Section 906 - Reimbursement paymentsPayments in lieu of contributions shall be made in accordance with the following provisions of this section.
(a) At the end of each calendar quarter or at the end of any other period as determined by the department, the department shall bill each nonprofit organization (or group of such organizations) which has elected to make payments in lieu of contributions for the amount of benefits charged to its account during such quarter or other prescribed period that is attributable to service in the employ of such organization.(b) Payment of any bill rendered under subsection (a) shall be made not later than thirty days after such bill was mailed to the last known address of the nonprofit organization or was otherwise delivered to it, unless there has been an application for review and redetermination under section 301 of this act. (c) Past due payments of amounts in lieu of contributions, or reports with respect thereto, shall be subject to the same interest and penalties that, pursuant to section 308 of this act apply to past due contributions andsection 206 of this act apply to past due reports.(d) Any nonprofit organization that elects to become liable for payments in lieu of contributions shall be required within thirty (30) days after the effective date of its election, to execute and file with the department a surety bond approved by the department or it may elect instead to deposit with the department money or securities of equal present monetary value. The amount of the bond or deposit required by the department shall be set at one per centum of the organization's taxable wages for the most recent four calendar quarters prior to such election. If an organization did not pay wages throughout the specific four calendar quarters, the amount of the bond or deposit shall be set by the department. Refunds of deposits shall be made by the department according to appropriate rules and regulations developed by the department relative to termination of election for payments in lieu of contributions or as to delinquencies in payments due.
1936, Second Ex.Sess., Dec. 5, P.L. (1937) 2897, art. XI, § 1106, added 1971, Sept. 27, P.L. 460, No. 108, § 20. Amended 1976, July 9, P.L. 842, No. 147, § 5.