Compilation of Rules and Regulations of the State of Georgia
Department 300 - RULES OF GEORGIA DEPARTMENT OF LABOR
Chapter 300-2 - EMPLOYMENT SECURITY LAW
Subject 300-2-3 - TAX RATES AND COVERED EMPLOYMENT
Rule 300-2-3-.20 - Voluntary Contributions
Current through Rules and Regulations filed through September 23, 2024
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.
(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.
(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.
(c) Voluntary contributions when accepted from an employer will not be refunded in whole or part.
O.C.G.A. Secs. 34-8-70, 34-8-178.
