§ 8-606. Definitions

   (a) In general. -- In this Part II of this subtitle the following words have the meanings indicated.

(b) Annual payroll. -- "Annual payroll" means the total wages for covered employment that an employing unit pays to all employees in a calendar year on which the employing unit is required to pay contributions.

(c) Base period wages. -- "Base period wages" means wages paid to an individual during the base period, as defined in § 8-101 of this title, of the individual for covered employment.

(d) Computation date. -- "Computation date" means the July 1 immediately preceding the calendar year for which a rate of contribution is assigned.

(e) Rating year. -- "Rating year" means the 12-month period beginning July 1 and ending June 30 immediately preceding the computation date.

HISTORY: An. Code 1957, art. 95A, § 8; 1991, ch. 8, § 2; 1992, ch. 554, § 1; 1993, ch. 192, § 2; 1994, ch. 3, § 1; 1996, ch. 10, § 11; 1997, ch. 14, § 1.