Indiana § 22-4-10-4.3 - Recalculation of experience rating
Full text of Indiana Indiana Code § 22-4-10-4.3 — Recalculation of experience rating, with citation guidance and answers to common questions.
§ 22-4-10-4.3. Recalculation of experience rating
Sec. 4.3. (a) If employing units that are not eligible for separate accounts obtain and use separate accounts, the department shall, once the error has been discovered, retroactively recalculate the employing units' experience rate as if the employing units had reported using a single account.
(b) The recalculation must be made not later than four (4) completed calendar years subsequent to the date that the contributions, penalties, or interest would have become due, except that this limitation shall not apply to any contributions, penalty, or interest that should have been paid with respect to any incorrect report filed with the department which report was known or should have been known to be incorrect by the employing unit.
(c) Employing units may be subject to the following penalties for violating this section:
(1) An increased merit rate under IC 22-4-11-2.
(2) Penalties and interest as set forth in IC 22-4-29-1.
(3) Criminal penalties set forth in IC 22-4-34-2.
As added by P.L.121-2026, SEC.17.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 22-4-10-4.3
What does Indiana Code § 22-4-10-4.3 cover?
Section 22-4-10-4.3 ("Recalculation of experience rating") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 22-4-10-4.3?
A common citation format is "Indiana Code § 22-4-10-4.3" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 22-4-10-4.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.