1. A. All employers shall have a rate of one and one-half percent (1.5%) until the calendar year following the eighth consecutive calendar quarter in which the employer employed at least one individual in covered employment, at which time the employer shall qualify for an earned rate calculated pursuant to the provisions of Part 1 of Article III of the Employment Security Act of 1980.
2. B. If an employer qualifies for an earned rate under subsection A of this section and subsequently ceases to employ at least one person, the employer shall revert to the minimum contribution rate of one and one-half percent (1.5%) if, throughout the one (1) calendar year immediately preceding the calculation of the employer's contribution rate, there was no individual who could have filed a claim in each quarter of that year establishing a base period, as defined by Section 1-202 of Title 40 of the Oklahoma Statutes, which would include wages from that employer. The employer shall pay at the minimum contribution rate until the provisions of subsection A of this section are met.

Laws 2015, HB 1001, c. 249, § 14, eff. November 1, 2015.