STATEMENT OF BASIS AND PURPOSE
FOR A PROPOSED EMERGENCY RULE
Effective January 24, 2012

1.	Summary of the basis and purpose for the rule or rule change 

The Unemployment Insurance Program is responsible for administering 8-76-101, C.R.S., which requires employers to pay premiums as prescribed by the division.  The immediate adoption of this rule is necessary to allow the Unemployment Insurance Program to take the postmark date into account when determining the timeliness of the receipt of a premium payment and quarterly report.

2.	If emergency, give reasons

Postmark
To amend the rules related to premium and quarterly report due dates to take into account the postmark when determining the timeliness of the receipt of the payment and quarterly reports.

3.	Authority for rule

The authority for the amendments of the rules is in 8-72-102 C.R.S.

Rules.  (1) The director of the division has the power to adopt, amend, or rescind, in accordance with section 24-4-103, C.R.S., reasonable and necessary rules relating to the administration of the “Colorado Employment Security Act” and governing hearings and proceedings under such act.