Tex. Lab. Code § 204.006

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 204.006 - Initial Contribution Rate
(a) A person's contribution rate for the calendar year in which the person becomes an employer is the greater of:
(1) the rate established for that year for the major group to which the employer is assigned under Section 204.004, less one-tenth of one percent; or
(2) two and six-tenths percent.
(b) A rate established under Subsection (a) applies to the employer until the date the experience rate computed under Section 204.041 takes effect for the employer.

Tex. Lab. Code § 204.006

Amended By Acts 2005, 79th Leg., Ch. 1115, Sec. 1, eff. 1/1/2006.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.