§40-1-229. Assigned tax rate and earned tax rate.
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/ok/title-40-labor/40-1-229A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
ASSIGNED TAX RATE AND EARNED TAX RATE.
A. "Assigned tax rate" means the tax rate assigned to an employer pursuant to Section 3-110.1 of this title when the employer does not have sufficient experience history to meet the At-Risk Rule set out in paragraph 3 of Section 3-110.1 of this title.
B. "Earned tax rate" means the tax rate calculated for an employer with sufficient experience history to meet the At-Risk Rule set out in paragraph 3 of Section 3-110.1 of this title, with the tax rate calculated pursuant to the provisions of Part 1 of Article 3 of the Employment Security Act of 1980. Added by Laws 2016, c. 287, § 3, eff. Nov. 1, 2016. Amended by Laws 2017, c. 345, § 2, eff. July 1, 2017.