288.124. Average annual payroll defined.
Average annual payroll defined.
288.124. The term "average annual payroll" as used insections 288.113 to 288.127 means one-third of the total amountof taxable wages paid for insured work during the thirty-sixconsecutive months' period immediately preceding any July firstcalculation date; provided, however, if an employer during anyone calendar half year in such period paid no wages for insuredwork, whether taxable or not, such employer's average annualpayroll shall be twice the total amount of taxable wages paid byhim in the calendar half year of such period wherein the taxablewages paid by him were highest, and except that for an employerwho has been subject to the Missouri employment security law lessthan thirty-six months the term shall mean the total amount oftaxable wages paid by him during the twelve-month periodimmediately preceding any July first calculation date. If anemployer during any one calendar half year in such period paid nowages for insured work, such employer's average annual payrollshall be twice the total amount of taxable wages paid by him inthe calendar half year during the twenty-four consecutive monthspreceding the July first calculation date wherein taxable wagespaid by him were highest.
(L. 1951 p. 564 § 288.110, A.L. 1957 p. 531, A.L. 1965 p. 420, A.L. 1965 2d Ex. Sess. p. 927, A.L. 1967 pp. 396 and 401, subdiv. (1) of subsec. 1 of § 288.120)