New Mexico Recent Unemployment Legislation
New Mexico SB 32 has been enacted. This legislation was signed by the governor
on March 5, 2012 and sets the rate schedules for rate years 2012 and 2013 at schedules
1 and 2 respectively. Since 2012 tax rate notices had already been issued earlier
this year under schedule 3, revised tax rate notices were issued on March 6, 2012.
Most, but not all, employers will see a decrease in their tax rate under the new schedule.
The state did not process and will be returning any voluntary contribution checks
employers submitted based on the original rate issuance. Employers will have
another opportunity to make a voluntary contribution on the revised rate.
TALX clients will receive the new voluntary contribution analysis with the revised
tax rate notice.
Employer Tax Services
This weblog is sponsored by TALX.
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