Okla. Stat. tit. 40, § 40-3-109.1: Rate reduction

RATE REDUCTION. Notwithstanding the provisions of Sections 3-

103, 3-109, 3-110 and 3-113 of this title, for the time period

beginning July 1, 1998, and ending December 31, 2001, the

contribution rate assigned to an employer shall be reduced by fifty

percent (50%); provided: the tax rate of employers assigned a tax

rate pursuant to Sections 3-103 and 3-110 of this title shall not be

reduced to less than one percent (1%); employers who qualify for an

earned rate calculated pursuant to Section 3-109 of this title, and

are given a rate of five and one-half percent (5.5%) shall be

reduced to no less than five and four-tenths percent (5.4%); and

employers who qualify for an earned rate calculated pursuant to

Section 3-109 of this title, and are given a rate of one-tenth of

one percent (0.1%), shall be reduced to a rate of zero percent

(0.0%).