Each employer shall pay contributions equal to the tax rate assigned to rate class twenty except as may be otherwise provided in Chapters 27 through 41 of this title. The department must promulgate regulations regarding the methodology by which the allowed prepayment amounts will be calculated and the manner in which they will be credited to the employer's account. HISTORY: 1962 Code Section 68-171; 1952 Code Section 68-171; 1942 Code Section 7035-87; 1936 (39) 1716; 1939 (41) 487; 1941 (42) 369; 1955 (49) 480; 1986 Act No. 362, Section 2, eff April 3, 1986; 1999 Act No. 37, Section 2, eff June 1, 1999; 2010 Act No. 146, Section 9, eff March 30, 2010; 2010 Act No. 234, Section 1, eff January 1, 2011; 2011 Act No. 3, Section 9, eff March 14, 2011.
South Carolina Legal Code