Page:United States Statutes at Large Volume 108 Part 3.djvu/113

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PUBLIC LAW 103-322—SEPT. 13, 1994 108 STAT. 1865 section for a payment period is the amount bearing the same ratio to $5,300,000,000 as— "(A) the population of the State, multiplied by the general tax effort factor of the State (determined under paragraph (2)), multiplied by the relative income factor of the State (determined under paragraph (3)), multiplied by the relative rate of the labor force unemployed in the State (determined under paragraph (4)); bears to "(B) the sum of the products determined under subparagraph (A) of this paragraph for all States. "(2) GENERAL TAX EFFORT FACTOR.—The general tax effort factor of a State for a payment period is— "(A) the net amount of State and local taxes of the State collected during the year 1991 as reported by the Bureau of the Census in the publication Government Finances 1990-1991; divided by "(B) the total income of individuals, as determined by the Secretary of Commerce for national accounts purposes for 1992 as reported in the publication Survey of Current Business (August 1993), attributed to the State for the same year. "(3) RELATIVE INCOME FACTOR.— The relative income factor of a State is a fraction in which— "(A) the numerator is the per capita income of the United States; and "(B) the denominator is the per capita income of the State. "(4) RELATIVE RATE OF LABOR FORCE.— The relative rate of the labor force unemployed in a State is a fraction in which— "(A) the numerator is the percentage of the labor force of the State that is unemployed in the calendar year preceding the payment period (as determined by the Secretary of Labor for general statistical purposes); and "(B) the denominator is the percentage of the labor force of the United States that is unemployed in the calendar year preceding the payment period (as determined by the Secretary of Labor for general statistical purposes). "(c) ALTERNATIVE FORMULA.— For the payment period beginning October 1, 1994, the amount allocated to a State under this subsection for a payment period is the total amount the State would receive if— "(1) $1,166,666,667 were allocated among the States on the basis of population by allocating to each State an amount bearing the same ratio to the total amount to be allocated under this paragraph as the population of the State bears to the population of all States; "(2) $1,166,666,667 were allocated among the States on the basis of population inversely weighted for per capita income, by allocating to each State an amount bearing the same ratio to the total amount to be allocated under this paragraph as— "(A) the population of the State, multiplied by a fraction in which— "(i) the numerator is the per capita income of all States; and "(ii) the denominator is the per capita income of the State; bears to