204.121 – EMPLOYMENT AND TRAINING INVESTMENT ASSESSMENT.
Texas Labor Code § 204.121
Summary
This law imposes an employment and training investment assessment on employers in Texas, requiring them to pay an additional tax based on a percentage of wages. It affects all employers who contribute under the Texas Labor Code, ensuring funding for employment and training programs.
Applies to all employers paying contributions under the Labor Code.
Assessment rate is one-tenth of one percent of wages paid.
Revenue supports employment and training programs in Texas.
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In simple terms: Learn about Texas's EMPLOYMENT AND TRAINING INVESTMENT ASSESSMENT. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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