7 CCR 1101-2-6.1 - EMPLOYER PREMIUMS
6.1.1
Statutory References: 8-76-101 (1) (3), 8-76-102, 8-79-101,
8-79-102, 8-79-104, and 8-79-107, C.R.S.
6.1.2
Due Date of Premiums.
Except as otherwise provided by this rule 6.1, premiums shall become due and be
paid no later than the last day of the month immediately following the end of
the calendar quarter for which the premiums have accrued. For purposes of this
rule 6.1, payment will be considered timely if postmarked or received in person
or electronically on or before the due date. If the due date of premiums falls
on a Saturday, Sunday, or legal holiday, payment will be considered timely if
postmarked or received in person or electronically on the next business day
that is not a Saturday, Sunday, or legal holiday.
.1 Quarterly payment shall not be required
when the total amount of any premiums due, including any penalties and interest
accrued for an untimely or incorrect report, is less than five dollars.
6.1.3
Payment to
Another Jurisdiction. An employer who has erroneously paid to another
jurisdiction an amount as premiums properly payable to Colorado shall not be
delinquent if premiums properly payable to Colorado are paid within thirty days
of the date on which the division determines that such premiums are payable to
Colorado.
6.1.4
Erroneous
Rate Notice. If, as a result of an incorrect notification or computation
of rate by the division, an employer is required to make an additional payment
of premiums, such additional payment shall not accrue interest until thirty
days after notification by the division that such additional payments are
due.
6.1.5
Payments.
Quarterly payments shall include all premiums with respect to wages paid for
employment in all payroll periods that end within the quarter.
.1 Quarterly payment shall not be required
when the total amount of any premiums due, including any penalties and interest
accrued for an untimely or incorrect report, is less than five
dollars.
6.1.6
First Payment of New Employer. The first premium payment of any
employing unit that becomes an employer at any time during a calendar year
shall become due and be paid on or before the last day of the month immediately
following the calendar quarter in which such employing unit becomes an
employer. Said payment shall include premiums with respect to wages paid for
employment occurring on and from the first day of the calendar year through all
payroll periods that end within the calendar quarter in which the employing
unit becomes an employer.
6.1.7
Application of Payments on Delinquent Accounts. Whenever a
delinquency exists in the account of an employer and payment is submitted to
the division upon said account, the division shall apply such payment in the
following order of priority:
.1 Unpaid
interest assessments from federal trust fund advances, starting with the
earliest quarter in which premiums are due;
.2 Unpaid nonprincipal-related bond repayment
assessments, starting with the earliest quarter in which premiums are
due
.3 Penalties owed, starting
with the earliest quarter in which such penalty was incurred;
.4 Interest already charged, commencing with
the earliest quarter in which such interest is due;
.5 Interest accrued on unpaid premiums as of
the date of the payment, commencing with the earliest quarter in which premiums
are due;
.6 Unpaid premiums or
unpaid regular unemployment insurance benefits charged, starting with the
earliest quarter in which premiums or reimbursements are due.
.7 Unpaid reimbursements for extended
benefits charged, starting with the earliest quarter in which amounts are
due.
Notes
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