To calculate premium, the following payroll is reported:

1. Gross payroll of employees less overtime extra pay;
2. Sole Proprietor's working spouse;
3. Corporate Officer with less than 10% ownership;
4. Commission payments;
5. All bonuses, whether anticipated or not;
6. Pay for holidays, vacations or illness;
7. Subcontractors (contract labor) who have not provided you with a Certificate of Insurance;
8. Salary deductions to the employees gross pay for retirement or cafeteria plans; and
9. Owners (i.e. Sole Proprietor, Partners, Corporate Officers) who elect to be covered for workers' compensation.  The payroll you report is limited as follows:

ARKANSAS (eff 07/01/10)	Minimum Annual Payroll	Maximum Annual Payroll
Sole Proprietor and Partners	$34,400	$34,400
Corporate Officers	$15,600	$135,200

LOUISIANA (eff 05/01/10)	Minimum Annual Payroll	Maximum Annual Payroll
Sole Proprietor and Partners	$55,700	$55,700
Corporate Officers	$5,200	$104,000

MISSISSIPPI (eff 03/01/10)	Minimum Annual Payroll	Maximum Annual Payroll
Sole Proprietor and Partners	$33,400	$33,400
Corporate Officers	$5,200	$109,200

OKLAHOMA (eff 01/01/10)	Minimum Annual Payroll	Maximum Annual Payroll
Sole Proprietor and Partners	$37,300	$37,300
Corporate Officers	$18,200	$150,200

TEXAS (eff 10/01/08)	Minimum Annual Payroll	Maximum Annual Payroll
Sole Proprietor and Partners	$48,800	$48,800
Corporate Officers	$7,800	$62,400

The following is NOT reported:

1. Tips received by employees;
2. Subcontractors (contract labor) who have provided you with a Certificate of Insurance;
3. Dismissal or severance pay except for time worked or accrued vacation;
4. Payments for active military duty;
5. Extra pay for overtime:  books and records must be maintained to show overtime extra pay separately by employee.  For example, an employee's regular hourly wage is $10.00 per hour and his overtime wage is $15.00, your records should show total hours worked x $10 as regular pay (payroll to report) and overtime hours x $5 as overtime extra pay (payroll not reported); and
6. Owners (i.e. Sole Proprietor, Partners, Corporate Officers with 10% or more ownership) who elect not to be covered for workers' compensation.

|