State Codes and Statutes
Statutes > Maryland > Labor-and-employment > Title-8 > Subtitle-6 > 8-601§ 8-601. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
(b) Election.- "Election" means an election to make reimbursement payments instead of paying contributions in accordance with Part III of this subtitle.
(c) Predecessor employer.- "Predecessor employer" means an employer that sells or otherwise transfers all or part of its assets, business, organization, or trade to another employer.
(d) Reimbursement payment.- "Reimbursement payment" means a payment that an employing unit makes under an election to reimburse the Unemployment Insurance Fund for benefits paid.
(e) Taxable wage base.- "Taxable wage base" means the amount of wages under § 8-607 of this subtitle for which an employing unit pays contributions.
[An. Code 1957, art. 95A, § 8; 1991, ch. 8, § 2; 1992, ch. 22, § 1.]
