2021 Oklahoma Statutes
Title 40. Labor
§40-1-229. Assigned tax rate and earned tax rate.

Universal Citation: 40 OK Stat § 40-1-229 (2021)

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.

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