Oklahoma 2022 Regular Session

Oklahoma Senate Bill SB1731 Compare Versions

Only one version of the bill is available at this time.

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53	53	STATE OF OKLAHOMA
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55	55	2nd Session of the 58th Legislature (2022)
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57	57	SENATE BILL 1731 By: Kirt
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63	63	AS INTRODUCED
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65	65	An Act relating to employer contributions; allo wing
66	66	for an employer contribution rate to be reduced under
67	67	certain circumstances; providing for codification;
68	68	and providing an effective date .
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73	73	BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
74	74	SECTION 1. NEW LAW A new s ection of law to be codified
75	75	in the Oklahoma Statutes as Section 3-109.4 of Title 40, unless
76	76	there is created a duplication in numbering, reads as follows:
77	77	Following the computation of an employer ’s contribution rate
78	78	pursuant to Sections 3-109, 3-110.1, and 3-113 of Title 40 of the
79	79	Oklahoma Statutes, the contribution rate assigned to an emplo yer
80	80	shall be reduced by ten percent (10%) if an employer has not reduced
81	81	average work hours by ten percent (10%), averaged on a quarterly
82	82	basis, over the last three (3) years.
83	83	SECTION 2. This act shall become effective November 1, 2022.
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85	85	58-2-2822 MR 1/20/2022 6:30:39 PM