2025 Session
Last amended: 2009 session
§ 268.034 — Computations of Money Rounded Down
Plain-Language Summary
When calculating money amounts under unemployment insurance law, all computations are rounded down to the nearest whole dollar.
268.034 COMPUTATIONS OF MONEY ROUNDED DOWN.
Computations of money required under this chapter that do not result in a whole dollar are rounded down to the next lower whole dollar, unless specifically provided otherwise by law.
History:
History: History:
2009 c 78 art 4 s 2
Practical Notes
This means any dollar amount calculated under the unemployment law (benefits, taxes, etc.) is rounded down, not up or to the nearest dollar.