Rhode Island § 28-43-9 - Employment Security — Contributions
Full text of Rhode Island Rhode Island General Laws § 28-43-9 — Employment Security — Contributions, with citation guidance and answers to common questions.
§ 28-43-9. Employment Security — Contributions
R.I. Gen. Laws § 28-43-9
§ 28-43-9. Balancing rate.
(a) As of September 30, 1988, and on each subsequent computation date, the director shall determine the balancing rate percentage to be effective for the immediately following tax year in accordance with the balancing rate schedule in this subsection. The director shall charge to the employer’s account and credit to the balancing account in any manner and at any times, quarterly or otherwise, that the director shall prescribe, an amount obtained by multiplying the employer’s taxable wages for the calendar year immediately following the computation date, or any one or more quarters of that calendar year, by the product of the individual employer’s contribution rate for that calendar year and balancing rate percentage corresponding to the tax schedule in effect for the calendar year in accordance with the balancing rate schedule in this subsection:
| Tax Schedule | Corresponding | ||
|---|---|---|---|
| in Effect | Balancing Rates | ||
| A | 4 | ||
| B | 6 | ||
| C | 8 | ||
| D | 10 | ||
| E | 12 | ||
| F | 14 | ||
| G | 16 | ||
| H | 18 | ||
| I | 20 |
(b) Notwithstanding any other provisions of this section, if the balance in the balancing account as of the computation date is greater than or equal to zero (0), then no balance charge shall be made against employer accounts for the immediately following tax year.
(c) Contributions required pursuant to any balancing percentage rate shall not be in addition to other contributions required by chapters 42 — 44 of this title.
History of Section.
P.L. 1958 (s.s.), ch. 213, § 1; P.L. 1965, ch. 201, § 2; P.L. 1968, ch. 291, § 3;
P.L. 1979, ch. 108, § 6; P.L. 1985, ch. 372, § 1; P.L. 1988, ch. 315, § 1.
Frequently Asked Questions About Rhode Island § 28-43-9
What does Rhode Island General Laws § 28-43-9 cover?
Section 28-43-9 ("Employment Security — Contributions") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. 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 Rhode Island § 28-43-9?
A common citation format is "Rhode Island General Laws § 28-43-9" (Rhode Island). 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 Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 28-43-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island 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 Rhode Island.