Classification of employers.

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The department annually shall classify employers in accordance with their actual experience of the total taxable wages reported and with respect to benefits charged against their accounts to set contribution rates that reflect the employer's experience. The department shall determine the contribution rate of each employer in accordance with the requirements of Sections 41-31-20 to 41-31-70.

HISTORY: 1962 Code Section 68-173; 1952 Code Section 68-173; 1942 Code Section 7035-87; 1936 (39) 1716; 1939 (41) 487; 1941 (42) 369; 2010 Act No. 234, Section 1, eff January 1, 2011; 2011 Act No. 3, Section 10, eff March 14, 2011.

Effect of Amendment

The 2010 amendment rewrote the section.

The 2011 amendment substituted "of the total taxable wages reported and" for "in the payment of contributions on their own behalf and".


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