Md. Code Regs. 10.25.01.10

Current through Register Vol. 51, No. 12, June 14, 2024

Section 10.25.01.10 - Calculation of the Average Wage of Business

A. The average wage of business is the average of the wage for each of the eligible employees of the business.

B. For employees who are eligible owners, the wage used in calculating the average wage of business shall be the greater of the following:

(1) The lesser of:

(a) The eligible owner's countable wage; or

(b) The eligible owner's adjusted gross income; or

(2) The minimum countable wage.

C. For all other eligible employees, the wage used in calculating the average wage of business is the greater of:

(1) The employee wage; or

(2) The minimum countable wage.

Md. Code Regs. 10.25.01.10

Regulations .10 adopted as an emergency provision effective June 12, 2008 (35:14 Md. R. 1243); adopted permanently effective August 25, 2008 (35:17 Md. R. 1486)
Regulation .10B amended as an emergency provision effective July 16, 2009 (36:17 Md. R. 1310); amended permanently effective October 19, 2009 (36:21 Md. R. 1591)
Regulation .10C adopted as an emergency provision effective July 16, 2009 (36:17 Md. R. 1310); adopted permanently effective October 19, 2009 (36:21 Md. R. 1591)