§ 8-619. Group accounts
West's Annotated Code of MarylandLabor and Employment
MD Code, Labor and Employment, § 8-619
§ 8-619. Group accounts
(a)(1) Two or more employing units that have made an election may submit a joint application to the Secretary for establishment of a group account to share the cost of benefits that are attributable to covered employment for those employing units.
(b)(1) On receipt of an application, the Secretary shall approve or disapprove the application.
(c) On receipt of a bill that the Secretary sends to the group, each member of the group is liable for reimbursement payments in an amount whose ratio to total benefits that are attributable to covered employment for all members of the group is the same as the ratio that as total wages paid by that member has to total wages paid by all members of the group.
(d) The Secretary may adopt regulations for:
Credits
Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991.
Formerly Art. 95A, § 8.
MD Code, Labor and Employment, § 8-619, MD LABOR & EMPLY § 8-619
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |