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Committee on Friday that the surplus is expected to reach $417 million by Dec. 31.
Because of the surplus, state employers, who pay taxes into the fund based on their number of employees, probably will see a $64 million reduction in the taxes next year, Mr. Cantrell said. That would amount to something more than $23 per employee per employer per year, Mr. Cantrell said, on top of the $42-per-employee tax decrease that went into effect this year.
The fund had a $45 million deficit two years ago, but unemployment has dropped since then.
“It’s quite a recovery in a little over two years,” Mr. Cantrell told the legislators.
Slaying suspect freed
SUFFOLK — A Circuit Court judge, refusing to send a murder case to the jury, has found James A. Adams innocent in the slaying of two Newport News residents.
“The evidence is just not there, ladies and gentlemen,” Judge E. Everett Bagnell said Friday after the prosecution presented its case.
Mr. Adams, 55, of Newport News, left the courtroom a free man, without having to present a single witness in his defense.
He was charged with murder in the slaying of Mary Elizabeth Winfield and Louis Hicks. The victims were shot to death and their bodies dumped in Suffolk.
Police think the two were shot Oct. 21, 1984, the day neighbors said they saw them with Mr. Adams at his home.
Authorities in Newport News and Suftolk s »ent months building a case against Mr. Adams before he was arrested.
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