AR SB850

Requires stabilization tax payments to be credited to each employer's separate account beginning January 1, 2014, changing prior law that excluded stabilization tax from individual employer records.

Includes stabilization tax payments in employer contribution rate computations for calendar years beginning January 1, 2014, and thereafter.

Reduces stabilization tax rate from 0.7% to 0.5% for calendar years beginning January 1, 2014, when fund assets fall below 0.5% of total payrolls.

Reduces stabilization tax rate from 0.8% to 0.6% for calendar years beginning January 1, 2014, when fund assets fall below 0.4% of total payrolls, while maintaining historical rates through December 31, 2013.