1 bill · 2018 Regular Session
Amends existing law to revise the calculation of the taxable wage rate by reducing the fund size multiplier and to provide for the issuance of adjusted taxable wage rates by the director under certain circumstances.
Amends Section 72-1350, Idaho Code, to reduce the taxable wage rate used for determining employers' unemployment insurance taxes by adjusting the unemployment fund size multiplier downward. This bill will result in a substantial net tax savings to Idaho's covered employers.
33 – 0