Section 7 AAC 27.120 - Method for reducing surplus payments(a) Using the procedure in the Plan of Operation, adopted by reference in 7 AAC 27.130, each year the department will calculate the total assessments collected to determine whether there is a surplus from overpayments. (b) If there is a surplus, the department will (1) reduce the aggregate assessment rate for the following year; (2) not refund or credit it to an assessable entity; and(3) not refund it to an assessable entity or other program participant that has opted out of the next assessment cycle. Eff. 4/17/2019, Register 230, April 2019Authority:AS 18.09.200
AS 18.09.210
AS 18.09.900