Subvarieties of the matrix variety of second order

LetR _s be the subalgebra ofM ₂(K[t]/(t ^s )) generated bye ₁₁,e ₂₂,te ₁₂ andte ₂₁, whereK is a field of characteristic 0,K[t] is the polynomial algebra in one variablet and (t ^s ) is the principal ideal inK[t], generated byt ^s . The main result of this paper is that we have described theT-idealT(R _s ). Besides the two matrix polynomial identities — the standart identityS ₄ and the identity of Hall, thisT-ideal is generated by one more explicitly given identity. The algebrasR _s are interesting due to the fact that the proper identities of any subvarietyu of the variety ℳ=varM ₂(K), generated by the matrix algebraM ₂(K) of second order overK, asymptoticaly coincide with the proper identities of someR _s . Partially supported by Grant MM605/96 of the Bulgarian Foundation for Scientific Research.