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Oklahoma Statutes - Title 40. Labor Page 133 date of this act shall comply with the provisions of this section upon becoming liable for contributions under the Employment Security Act of 1980. E. After the initial election or assignment of the option provided for in subsection A of this section, a PEO shall be permitted to change its election one time only. The change of election shall be made by the PEO in writing. The election shall become effective in the calendar year following the date the Commission approves the election of the PEO. If the Commission approves a change of election, all contribution history, benefit experience history and payroll of each client shall be transferred to the pooled account, if the option in paragraph 1 of subsection A of this section is chosen, or the individual client accounts, if the option in paragraph 2 of subsection A of this section is chosen. Added by Laws 2014, c. 221, § 2, eff. Nov. 1, 2014. Amended by Laws 2016, c. 287, § 11, eff. Nov. 1, 2016.
§40-3-121. Professional Employer Organizations – Transfer of experience history. PROFESSIONAL EMPLOYER ORGANIZATIONS – TRANSFER OF EXPERIENCE HISTORY. If a Professional Employer Organization, or PEO, chooses the option to file quarterly tax returns under the account assigned to its client pursuant to paragraph 2 of subsection A of Section 3-120 of this title, and if the client has an experience history from a previous account assigned to that client that can be used in calculating an earned tax rate pursuant to the provisions of Article 3, Part 1, of the Employment Security Act of 1980, then that experience history shall be transferred to the account assigned to that client as a coemployer of that PEO. In addition, if taxable wages were reported by a client in a previous account of the client within the calendar year in which the PEO coemployer account is set up, then the PEO coemployer account shall be given credit for the taxable wages paid on each employee in the immediately previous account under which client wages were reported. Added by Laws 2016, c. 287, § 12, eff. Nov. 1, 2016. Amended by Laws 2017, c. 345, § 5, eff. July 1, 2017.
§40-3-201. Repealed by Laws 2024, c. 114, § 7, eff. Nov. 1, 2024.
§40-3-202. Termination of coverage. TERMINATION OF COVERAGE. Termination of coverage with respect to 1977 or prior years shall be determined in accordance with provisions applicable to those years. Except as otherwise provided in Section 3-203 of this title, an employing unit shall cease to be an employer subject to this act only as of the first day of any calendar year and only if