"Experience period" means:
- 1. For any tax year occurring before January 1, 2007, the most recent three (3) consecutive completed calendar years occurring before the calendar year for which a tax rate is being calculated; and
- 2. For any tax year occurring after December 31, 2006, the most recent twelve (12) consecutive completed calendar quarters occurring before July 1 of the year immediately preceding the year for which the employer’s contribution rate is being calculated.
Laws 2006, SB 1634, c. 176, § 4, emerg. eff. July 1, 2006.