Public-domain · open source
OpenJurist

NRS 612.540

Rate

Known as the Unemployment Compensation Law

The act spans §§ 612–612 (213 sections).

[Part 7:129:1937; A 1941, 412; 1943, 239; 1945, 299; 1947, 299; 1949, 257; 1951, 349; 1953, 677; 1955, 698]—(NRS A 1965, 109; 1975, 1002; 1989, 1528; 1991, 146)

The standard rate of contributions is 2.95 percent of wages paid by each employer during the calendar year with respect to employment. Each employer who becomes subject to the law on or after the first day of the first calendar quarter after February 25, 1965, shall pay contributions at a rate of 2.95 percent until such time as the employer is eligible for a rate under NRS 612.550.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.