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DOL/ETA | RIN: 1205-AB53 | Publication ID: Fall 2009 |
Title: Federal-State Unemployment Compensation Program; Funding Goals for Interest-Free Advances | |
Abstract: Under title XII of the Social Security Act (42 U.S.C. 1321 et seq.), States may, when needed, obtain repayable advances from the Federal unemployment account in the Unemployment Trust Fund to pay State unemployment compensation benefits. States may be exempted from the requirement to pay interest on these advances under certain conditions, including the condition that the State meets funding goals established by the Secretary of Labor in regulations. The regulation would establish these funding goals. | |
Agency: Department of Labor(DOL) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 20 CFR 606 | |
Legal Authority: 42 USC 1322(b)(2)(C) 26 USC 7805(a) Secretary Order No 3-2007, April 3, 2007 (72 FR 15907) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: State |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.regulations.gov | Public Comment URL: www.regulations.gov |
RIN Data Printed in the FR: No | |
Agency Contact: Ronald Wilus Chief, Division of Fiscal and Actuarial Services Department of Labor Employment and Training Administration 200 Constitution Avenue NW., FP Building, Room S-4231, Washington, DC 20210 Phone:202 693-2931 Email: wilus.ronald@dol.gov |