Texas Statutes
Subchapter D. Adjustments to Tax Rate for Experience-Rated Employers
Section 204.062. Replenishment Tax

Sec. 204.062. REPLENISHMENT TAX. (a) In addition to the general tax computed under Subchapter C, an employer entitled to an experience rate shall pay a replenishment tax at the rate computed by:
(1) dividing the numerator described by Subsection (b) by the denominator described by Subsection (c);
(2) multiplying that result by 100 to obtain a percentage; and
(3) rounding that result to the nearest hundredth.
(b) The numerator is an amount equal to one-half of the amount of benefits paid by all employers during the 12 months ending the preceding September 30 that are not effectively charged.
(c) The denominator is an amount equal to the taxable wages paid by all employers during the four quarters ending the preceding June 30.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 76, Sec. 9.31, eff. Sept. 1, 1995.

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