M.__"Predetermined yield" means the amount determined by multiplying the ratio of total wages to taxable wages by the planned yield.__The predetermined yield is rounded up to the nearest 0.01% and is the calculated average contribution rate for the rate year.

N.__"Experience factors" means the weights in subsection 4- A, paragraph B, subparagraph (2) assigned to the contribution categories and used to calculate the contribution rates.

O.__"Contributions credited" means the contributions credited to the experience rating record of an employer as provided in subsection 3, including all contributions due and paid on or before July 31st following the computation date.

P.__"Benefits charged" means the benefits paid and charged against the experience rating record of an employer as provided in subsection 3, including all benefits paid and charged on or before the computation date.

Sec. 11. 26 MRSA §1225, sub-§§1-A and 1-B are enacted to read:

1-A.__Liability of employer and certain individuals.__The liability for contributions or fees and the interest or penalties due on contributions are enforceable by assessment and collection, in the manner prescribed in this section, against the employer and against any officer, director or member of that employer who, in that capacity, is responsible for the control or management of the funds or finances of that employer or is responsible for the payment of that employer's contribution.

1-B.__Responsible individual.__Each employer liable for contributions shall inform the commissioner or the commissioner's duly authorized representative, at the time an audit of that employer's account is performed, of the name and position of the individual who generally is responsible for the control or management of that employer's funds or finances and, if different, the individual who is specifically responsible for the collection and paying over of those contributions.

Sec. 12. 26 MRSA §1233 is enacted to read: