Missouri § 288.121 - Rate increased when average balance in fund is less than certain amount, how — rate calculations for certain years.
Full text of Missouri Revised Statutes of Missouri § 288.121 — Rate increased when average balance in fund is less than certain amount, how — rate calculations for certain years., with citation guidance and answers to common questions.
§ 288.121. Rate increased when average balance in fund is less than certain amount, how — rate calculations for certain years.
On October first of each calendar year, if the average balance, less any federal advances, of the unemployment compensation trust fund of the four preceding quarters (September thirtieth, June thirtieth, March thirty-first and December thirty-first of the preceding calendar year) is less than four hundred fifty million dollars, then each employer's contribution rate calculated for the four calendar quarters of the succeeding calendar year shall be increased by the percentage determined from the following table:
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(L. 1984 H.B. 1251 & 1549, A.L. 1988 H.B. 1485, A.L. 1992 S.B. 626, A.L. 1993 H.B. 502, A.L. 1994 S.B. 559, A.L. 2004 H.B. 1268 & 1211, A.L. 2006 H.B. 1456, A.L. 2018 S.B. 975 & 1024 Revision)
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Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 288.121
What does Revised Statutes of Missouri § 288.121 cover?
Section 288.121 ("Rate increased when average balance in fund is less than certain amount, how — rate calculations for certain years.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. 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 Missouri § 288.121?
A common citation format is "Revised Statutes of Missouri § 288.121" (Missouri). 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 Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 288.121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri 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 Missouri.