Senate Bill No. 460–Committee on Commerce and Labor

(On Behalf of Employment Security Division)

March 17, 1999

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Referred to Committee on Commerce and Labor

 

SUMMARY—Restricts use of certain anticipated distributions from Federal Government. (BDR 53-770)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: Yes.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to unemployment compensation; restricting the use of certain anticipated distributions to conform to federal law; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. NRS 612.617 is hereby amended to read as follows:

1-2 612.617 1. [Money] Except as otherwise provided in subsection 5,

1-3 money credited to the account of this state in the unemployment trust fund

1-4 by the Secretary of the Treasury of the United States of America pursuant

1-5 to section 903 of the Social Security Act, as amended , [(] 42 U.S.C. §

1-6 1103 , [),] may be requisitioned and used for the payment of expenses

1-7 incurred for the administration of this chapter, pursuant to a specific

1-8 appropriation by the legislature, if the expenses are incurred and the money

1-9 is requisitioned after the enactment of an appropriation law which:

1-10 (a) Specifies the purposes for which the money is appropriated and the

1-11 amounts appropriated therefor;

1-12 (b) Limits the period within which the money may be expended to a

1-13 period ending not more than 2 years after the date of the enactment of the

1-14 appropriation law; and

1-15 (c) Limits the amount which may be used during a 12-month period

1-16 beginning on July 1 and ending on June 30 of the following year to an

1-17 amount which does not exceed the amount by which the aggregate of the

2-1 amounts credited to the account of this state pursuant to section 903 of the

2-2 Social Security Act, as amended , [(] 42 U.S.C. § 1103 , [),] during the

2-3 same 12-month period and the 24 preceding 12-month periods, exceeds the

2-4 aggregate of the amounts used pursuant to this section and charged against

2-5 the amounts credited to the account of this state during any of such 25 12-

2-6 month periods.

2-7 2. For the purposes of subsection 1, amounts used during any such 12-

2-8 month period must be charged against equivalent amounts which were first

2-9 credited and which are not already so charged, except that no amount used

2-10 during any such 12-month period for the administration of this chapter may

2-11 be charged against any amount credited during such a 12-month period

2-12 earlier than the 24th preceding period.

2-13 3. [Money] Except as otherwise provided in subsection 5, money

2-14 credited to the account of this state pursuant to section 903 of the Social

2-15 Security Act, as amended , [(] 42 U.S.C. § 1103 , [),] may not be withdrawn

2-16 or used except for:

2-17 (a) The payment of benefits; and

2-18 (b) The payment of expenses for the administration of this chapter

2-19 pursuant to this section.

2-20 4. Money appropriated for the payment of expenses of administration

2-21 pursuant to this section may be requisitioned as needed for the payment of

2-22 obligations incurred under such appropriation and, upon requisition, must

2-23 be deposited in the unemployment compensation administration fund from

2-24 which such payments must be made. The administrator shall maintain a

2-25 separate record of the deposit, obligation, expenditure and return of funds

2-26 so deposited. Money so deposited must, until expended, remain a part of

2-27 the unemployment compensation fund and, if it will not be expended, must

2-28 be returned promptly to the account of this state in the unemployment trust

2-29 fund.

2-30 5. Money credited to the account of this state in federal fiscal years

2-31 2000, 2001 and 2002 may be used only for the administration of the

2-32 program of unemployment compensation.

2-33 Sec. 2. This act becomes effective upon passage and approval.

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