R994-303-104. Qualified Employer

(1) A "qualified employer" is an employer who was an employer during the four quarters of the fiscal year immediately preceding the computation date. (2) If an employer reopens its unemployment insurance account after the account has been closed, the Department will determine if the employer qualifies for an experience rate or new employer industry rate. (a) A qualified employer will be assigned an overall contribution rate for the employer's account using the employer's unemployment experience during the past four fiscal years immediately preceding the computation date. (b) If the reopening employer had no payroll for two or more consecutive calendar years immediately preceding the reopen date, the employer, pursuant to Section 35A-4-303, will: (i) be considered a new employer; (ii) receive a new account number; and (iii) receive the new employer rate.