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AR SB1116
Bill
Status
Passed
4/12/2013
Primary Sponsor
Ronald Caldwell
Click for details
AI Summary
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Amends Arkansas Code § 11-10-705(b)(2) to establish escalating additional contribution assessments for employers beginning January 1, 2014
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Increases employer additional contribution assessment from 4% to 6% after two consecutive years of being assessed at the 4% rate
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Increases employer additional contribution assessment from 6% to 8% after two consecutive years of being assessed at the 6% rate
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Applies to all calendar years beginning January 1, 2014 and thereafter
Legislative Description
To Amend The Law Concerning Computation Of Future Contribution Rates For Employers Under The Department Of Workforce Services Law.
Last Action
Notification that SB1116 is now Act 1191
4/12/2013
Committee Referrals
Public Health, Welfare and Labor4/3/2013
Public Health, Welfare And Labor3/11/2013
Full Bill Text
No bill text available