Vermont § 1324 Rate of contribution

Vermont Statutes

§ 1324 — Rate of contribution

Vermont § 1324

Title 21Title 21: Labor

Ch. 17Chapter 017: Unemployment Compensation

This text of Vermont § 1324 (Rate of contribution) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 21, § 1324 (2026).

Text

(a)The standard rate of contributions shall be five and four-tenths percent.

(b)Each employer that has not been subject to this chapter for a sufficient period of time to have the rate computed under section 1326 of this subchapter shall pay contributions at the rate of one percent, except that foreign corporations classified in the three-digit North American Industry Classification System Code as 236, 237, or 238 shall pay contributions at a rate equal to the average rate as of the most recent computation date paid by all employers so classified. (Amended 1971, No. 77, § 4, eff. Dec. 31, 1971; 1977, No. 64, § 12, eff. Jan. 1, 1977; 1983, No. 124 (Adj. Sess.), § 1; 1987, No. 81; 2001, No. 56, § 3; 2003, No. 131 (Adj. Sess.), § 1; 2023, No. 85 (Adj. Sess.), § 184, eff. July 1, 2024.)

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(a) The standard rate of contributions shall be five and four-tenths percent.
(b) Each employer that has not been subject to this chapter for a sufficient period of time to have the rate computed under section 1326 of this subchapter shall pay contributions at the rate of one percent, except that foreign corporations classified in the three-digit North American Industry Classification System Code as 236, 237, or 238 shall pay contributions at a rate equal to the average rate as of the most recent computation date paid by all employers so classified. (Amended 1971, No. 77, § 4, eff. Dec. 31, 1971; 1977, No. 64, § 12, eff. Jan. 1, 1977; 1983, No. 124 (Adj. Sess.), § 1; 1987, No. 81; 2001, No. 56, § 3; 2003, No. 131 (Adj. Sess.), § 1; 2023, No. 85 (Adj. Sess.), § 184, eff. July 1, 2024.)