Rule 300-2-3-.20. Voluntary Contributions

OCGA Section 34-8-178 of the law allows employers the annual option of making voluntary contributions for the purpose of lowering their tax rate. All employers are notified annually of the provision and their eligibility for a rate buy down.

1. (a) Employers who qualify for a rate buy down shall pay in certified funds which are postmarked no later than 30 days from the issue date of the Voluntary Contribution notice.
2. (b) Employers ineligible for the buy down are those who have the lowest tax rate, or have delinquent report(s) or have insufficient experience history for a rate computation.
3. (c) Voluntary contributions when accepted from an employer will not be refunded in whole or part.

Authority: O.C.G.A. Secs. 34-8-70, 34-8-178.

History. Original Rule entitled "Voluntary Contributions" adopted. F. June 25, 1998; eff. July 15, 1998.