Indiana Code 22-4-2-35. Credit reserve ratio
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Terms Used In Indiana Code 22-4-2-35
- employment: includes service performed by a driver who provides drive away operations when the services are being performed by an individual who is in the employ of a state or local government entity or federally recognized Indian tribe as defined in Section 3306(c)(7) of the Federal Unemployment Tax Act (Indiana Code 22-4-8-3.6
Sec. 35. An employer’s credit reserve ratio is determined on the basis of the relationship that the positive credit balance shown by the employer’s experience account as of the computation date bears to the wages paid by the employer or the employer’s predecessors for the employment during the thirty-six (36) months immediately preceding the computation date.
As added by Acts 1977, P.L.262, SEC.5. Amended by P.L.122-2019, SEC.6.