IN HB1009

Amends Indiana Code 22-4-11-4 to allow the commissioner of workforce development to increase or decrease employer contribution rates based on subsequently ascertained information, rather than only increase rates.

Allows rate adjustments downward when an employer or interested party demonstrates reasonable cause for failure to timely file payroll reports and submits accurate and reliable payroll reports.

Requires employers to file corrected or sufficient reports within 15 days of notice or the commissioner will compute contribution rates based on the best available evidence.

Establishes that estimated contribution amounts are considered prima facie correct unless adjusted per the adjustment procedures.

Effective date: July 1, 2013.