20 CFR 345.117

§ 345.117 When fractional part of cent may be disregarded.

United States · 20 CFR — Employees' Benefits · Status: effective

Cite this

Citation: 20 CFR 345.117, § 345.117 When fractional part of cent may be disregarded, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/77841
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Full text

In the payment of employers' contributions to the Board a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to one cent.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.