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STATE OF OKLAHOMA
2nd Session of the 58th Legislature (2022)
SENATE BILL 1731 By: Kirt
AS INTRODUCED
An Act relating to employer contributions; allo wing
for an employer contribution rate to be reduced under
certain circumstances; providing for codification;
and providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new s ection of law to be codified
in the Oklahoma Statutes as Section 3-109.4 of Title 40, unless
there is created a duplication in numbering, reads as follows:
Following the computation of an employer ’s contribution rate
pursuant to Sections 3-109, 3-110.1, and 3-113 of Title 40 of the
Oklahoma Statutes, the contribution rate assigned to an emplo yer
shall be reduced by ten percent (10%) if an employer has not reduced
average work hours by ten percent (10%), averaged on a quarterly
basis, over the last three (3) years.
SECTION 2. This act shall become effective November 1, 2022.
58-2-2822 MR 1/20/2022 6:30:39 PM