341.595 Governor to apply for advances from federal unemployment account and
106 words·~1 min read·
/ky/341-595A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
request cap on Federal Unemployment Tax Act credit reduction.
(1)The Governor is hereby authorized to apply for advances to the credit of this state's
account in the unemployment trust fund from the federal unemployment account in
such fund as provided for in Title XII of the Social Security Act when the balance
of this state's account requires such action.
(2)If eligible under federal law, the Governor shall make application in 2013 and in
subsequent calendar years to the secretary of the United States Department of Labor
to request a cap on any Federal Unemployment Tax Act, 26 U.S.C. secs. 3301 to
3311, credit reduction.