2005 Idaho Code - 72-1349 — PAYMENT OF CONTRIBUTIONS

                                  TITLE  72
                      WORKER'S COMPENSATION AND RELATED
                        LAWS -- INDUSTRIAL COMMISSION
                                  CHAPTER 13
                           EMPLOYMENT SECURITY LAW
    72-1349.  PAYMENT OF CONTRIBUTIONS. (1) Contributions shall be paid on
taxable wages for each calendar year equal to the amount determined in
accordance with section 72-1350, Idaho Code. Contributions on wages paid to an
individual under another state unemployment insurance law, or paid by an
employer's predecessor during the calendar year, shall be counted in complying
with this provision.
    (2)  Contributions shall accrue and become payable by each covered
employer for each calendar quarter with respect to wages for covered
employment. Such contributions shall become due and be paid by each covered
employer to the director for the employment security fund and shall not be
deducted from the wages of individuals employed by such employer. All moneys
required to be paid by a covered employer pursuant to this chapter shall
immediately, upon becoming due and payable, become or be deemed money
belonging to the state, and every covered employer shall hold or be deemed to
hold said money separately, aside, or in trust from any other funds, moneys or
accounts, for the state of Idaho for payment in the manner and at the times
provided by law.
    (3)  The contributions payable by each covered employer, with respect to
covered employment, accruing in each calendar quarter, shall be paid on or
before the last day of the month following the close of said calendar quarter.
    (4)  The director may, for good cause shown by a covered employer, extend
the time for payment of his contributions or any part thereof, but no such
extension of time shall postpone the due date more than sixty (60) days.
Contributions with respect to which an extension of time for payment has been
granted shall be paid on or before the last day of the period of the
extension.
    (5)  Whenever it appears to be essential to the proper administration of
this chapter that collection of the contributions of a covered employer must
be made more often than quarterly, the director shall have authority to demand
payment of the contributions forthwith.
    (6)  In accordance with rules the director may prescribe, any person or
persons entering into a formal contract with the state, any county, city,
town, school or irrigation district, or any quasi public corporation of the
state, for the construction, alteration, or repair of any public building or
public work, the contract price of which exceeds the sum of one thousand
dollars ($1,000) may be required before commencing such work, to execute a
surety bond in an amount sufficient to cover contributions when due. If the
director, who shall approve said bond, determines that said bond has become
insufficient, he may require that a new bond be provided in the amount he
directs. Failure on the part of the employer covered by the bond to pay the
full amount of his contributions when due shall render the surety liable on
said bond as though the surety was the employer and subject to the other
provisions of this chapter.
    (7)  In the payment of any contributions a fractional part of a dollar
shall be disregarded unless it amounts to fifty cents (50¢) or more, in which
case it shall be increased to one dollar ($1.00).