§ 40-3-110. Minimum contributions.

MINIMUM CONTRIBUTIONS.  No employer's rate shall be less than the greater of one percent (1%) or the average contribution rate paid by all employers during the second year preceding the current calendar year unless throughout the one (1) calendar year immediately preceding such year some eligible individual could have filed a claim in each quarter of said year establishing a base period as prescribed by Section 1-202 of this title which would include wages from that employer.

Added by Laws 1980, c. 323, § 3-110, eff. July 1, 1980.  Amended by Laws 1994, c. 195, § 4, emerg. eff. May 16, 1994; Laws 1995, c. 340, § 16, eff. Jan. 1, 1996.