Text: SF00181 Text: SF00183 Text: SF00100 - SF00199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 96.7, subsection 2, Code 2003, is
1 2 amended by adding the following new paragraph:
1 3 NEW PARAGRAPH. g. After the contribution rate has been
1 4 calculated pursuant to this subsection, an employer may reduce
1 5 the amount of taxable wages to be multiplied by the
1 6 contribution rate each quarter by the amount of net additional
1 7 taxable wages if all of the following requirements have been
1 8 met:
1 9 (1) The employer is not a government entity, nonprofit
1 10 organization, or Indian tribe.
1 11 (2) The employer has continuously operated in this state,
1 12 or is a successor employer who has operated in combination
1 13 with the predecessor employer in this state, for more than ten
1 14 periods of four consecutive calendar quarters preceding the
1 15 contribution date.
1 16 (3) All of the employer's due and owing contributions have
1 17 been paid.
1 18 For the purposes of this paragraph, "net additional taxable
1 19 wages" means the amount of taxable wages paid in the quarter
1 20 for which the contribution in the current rate year is being
1 21 calculated which exceeds those taxable wages paid in the
1 22 corresponding quarter of the previous rate year.
1 23 EXPLANATION
1 24 This bill provides for a reduction in the amount of certain
1 25 employer's contributions to the unemployment compensation
1 26 fund. If an employer is not a government entity, nonprofit
1 27 organization, or an Indian tribe, and the employer has
1 28 continuously operated in this state, including a successor
1 29 employer, for more than 10 years, and if the employer is not
1 30 currently delinquent on past contributions, then before an
1 31 employer multiplies the employer's contribution rate by the
1 32 amount of taxable wages for any quarter, the employer may
1 33 first reduce the taxable wages. The amount of the reduction
1 34 would equal the amount of taxable wages paid in the current
1 35 quarter which exceeds the amount of taxable wages paid in the
2 1 corresponding quarter in the last rate year.
2 2 LSB 2143XS 80
2 3 kk/sh/8
Text: SF00181 Text: SF00183 Text: SF00100 - SF00199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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