Source: https://www.law.cornell.edu/uscode/text/42/1102?quicktabs_8=2
Timestamp: 2016-02-11 17:10:17
Document Index: 241547574

Matched Legal Cases: ['§ 1102', '§\u202f902', '§\u202f2', '§\u202f521', '§\u202f304', '§\u202f9154', '§\u202f531', '§\u202f5402', '§\u202f902', '§\u202f304', '§\u202f304', '§\u202f5402', '§\u202f531']

42 U.S. Code § 1102 - Transfers between Federal unemployment account and employment security administration account | US Law | LII / Legal Information Institute
Transfers between Federal unemployment account and employment security administration account
(a) Determination of excess; amount transferredWhenever the Secretary of the Treasury determines pursuant to section 1101(f) of this title that there is an excess in the employment security administration account as of the close of any fiscal year and the entire amount of such excess is not retained in the employment security administration account or transferred to the extended unemployment compensation account as provided in section 1101(f)(3) of this title, there shall be transferred (as of the beginning of the succeeding fiscal year) to the Federal unemployment account the balance of such excess or so much thereof as is required to increase the amount in the Federal unemployment account to whichever of the following is the greater:
(Aug. 14, 1935, ch. 531, title IX, § 902, as added Aug. 5, 1954, ch. 657, § 2, 68 Stat. 669; amended Pub. L. 86–778, title V, § 521, Sept. 13, 1960, 74 Stat. 974; Pub. L. 91–373, title III, § 304(a), (b), Aug. 10, 1970, 84 Stat. 715, 716; Pub. L. 100–203, title IX, § 9154(b)(1), Dec. 22, 1987, 101 Stat. 1330–326; Pub. L. 102–318, title V, § 531(b), July 3, 1992, 106 Stat. 316; Pub. L. 105–33, title V, § 5402(a), Aug. 5, 1997, 111 Stat. 603.)
A prior section 1102, act Aug. 14, 1935, ch. 531, title IX, § 902, 49 Stat. 639, related to credit against tax. For further details, see Prior Law note set out preceding section 1101 of this title.
1970—Subsec. (a). Pub. L. 91–373, § 304(a), inserted, in provisions preceding par. (1), reference to the retention of the entire amount of the excess in the employment security administration account or the transfer to the extended unemployment compensation account as provided in section 1101(f)(3) of this title and, in par. (2), substituted “one-eighth of 1 percent” for “four-tenths of 1 per centum”.
Subsec. (c). Pub. L. 91–373, § 304(b), added subsec. (c).
Pub. L. 105–33, title V, § 5402(b), Aug. 5, 1997, 111 Stat. 603, provided that: “This section [amending this section] and the amendment made by this section—
shall take effect on October 1, 2001, and
shall apply to fiscal years beginning on or after that date.”
Pub. L. 102–318, title V, § 531(e), July 3, 1992, 106 Stat. 317, provided that:
Except as provided in paragraph (2), the amendments made by this section [enacting section 1110 of this title and amending this section and sections 1101, 1104, and 1105 of this title] shall take effect on the date of the enactment of this Act [July 3, 1992].
“(2)Changes in ceiling amounts.—
The amendments made by subsection[s] (a)(2) and (b) [amending this section and section 1105 of this title] shall apply to fiscal years beginning after September 30, 1993.”