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2021 Nebraska Revised Statutes
Chapter 77 - Revenue and Taxation
77-6907 - Equivalent employees, defined.
Universal Citation:
NE Code § 77-6907 (2021)
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77-6907. Equivalent employees, defined.
Equivalent employees means the number of employees computed by dividing the total hours paid in a year to employees by the product of forty times the number of weeks in a year. Only the hours paid to employees who are residents of this state shall be included in such computation. A salaried employee who receives a predetermined amount of compensation each pay period on a weekly or less frequent basis is deemed to have been paid for forty hours per week during the pay period.
Source
- Laws 2021, LB544, ยง 7.
- Operative Date: January 1, 2022
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