Vermont § 1337 - Adjustments and refunds

§ 1337. Adjustments and refunds

• (a) If not later than three years after the date on which any contributions or interest
  thereon became due, an employer who has paid the contributions or interest thereon
  applies for an adjustment of the contributions or interest in connection with subsequent
  contribution payments, or for a refund of the amounts paid because an adjustment cannot
  be made, and the Commissioner determines that the payments or any portion of the payments
  were erroneously collected, the Commissioner shall allow the employer to make an adjustment
  for the amounts erroneously collected, without interest, in connection with subsequent
  payments by the employer, or if the adjustment cannot be made, shall refund the amount
  without interest from the Fund. (b) The Commissioner may make an adjustment or refund on the Commissioner’s own initiative
  for the same reasons and within the time period set forth in subsection (a) of this
  section. (Amended 1959, No. 329 (Adj. Sess.), § 22, eff. March 1, 1961; 1961, No. 210, § 15, eff. July 11, 1961; 1997, No. 101 (Adj. Sess.), § 3; 2023, No. 85 (Adj. Sess.), § 193, eff. July 1, 2024.)