reglab/housing_qa huggingface dataset:
TX Lab Code § 203.101 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter C. Advances From Federal Trust Fund and Obligation Assessment|Section 203.101. Limit on Application for Advance

Sec. 203.101.  LIMIT ON APPLICATION FOR ADVANCE.  In any application for an advance from the federal trust fund (Section 1201, Social Security Act (42 U.S.C. Section 1321)), the governor shall limit the amount of the application to an amount that, when added to previous advances, does not exceed the amount for which principal and interest may be paid from taxes on employers.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.|
TX Lab Code § 203.102 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter C. Advances From Federal Trust Fund and Obligation Assessment|Section 203.102. Obligation Trust Fund

Sec. 203.102.  OBLIGATION TRUST FUND.  (a)  The obligation trust fund is a dedicated trust fund outside of the state treasury in the custody of the comptroller.  The obligation trust fund is composed of:(1)  revenue received under Section 203.105; and(2)  any surplus revenue transferred from the compensation fund under Section 204.065.(b)  The commission and governor may use money in the obligation trust fund without legislative appropriation to pay:(1)  bond obligations and bond administrative expenses;  and(2)  principal and interest incurred on advances from the federal trust fund.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 1995, 74th Leg., ch. 1004, Sec. 1, eff. Sept. 1, 1995;  Acts 1997, 75th Leg., ch. 1423, Sec. 12.08, eff. Sept. 1, 1997;  Acts 2003, 78th Leg., ch. 317, Sec. 2, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.02, eff. June 20, 2003.Amended by: Acts 2007, 80th Leg., R.S., Ch. 34 (S.B. 679), Sec. 1, eff. May 4, 2007.|
TX Lab Code § 203.104 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter C. Advances From Federal Trust Fund and Obligation Assessment|Section 203.104. Limitation on Transfer From Obligation Trust Fund to Compensation Fund

Sec. 203.104.  LIMITATION ON TRANSFER FROM OBLIGATION TRUST FUND TO COMPENSATION FUND.  An amount that is attributable to the portion of the unemployment obligation assessment authorized by Section 203.105(a)(2) may not be transferred to the compensation fund unless all bond obligations, including bond administrative expenses, have been fully paid and satisfied.  After the obligations have been fully satisfied, the commission shall transfer the balance of the obligation trust fund to the compensation fund.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 2003, 78th Leg., ch. 317, Sec. 3, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.03, eff. June 20, 2003.|
TX Lab Code § 203.105 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter C. Advances From Federal Trust Fund and Obligation Assessment|Section 203.105. Unemployment Obligation Assessment

Sec. 203.105.  UNEMPLOYMENT OBLIGATION ASSESSMENT.  (a)  An unemployment obligation assessment shall be imposed as provided by this section if after January 1 of a year:(1)  an interest payment on an advance from the federal trust fund will be due and the estimated amount necessary to make the interest payment is not available in the obligation trust fund or available otherwise;  or(2)  bond obligations are due and the amount necessary to pay in full those obligations, including bond administrative expenses, is not available in the obligation trust fund or available otherwise.(b)  The unemployment obligation assessment rate is the total of the amounts required to make the payments necessary under Subsections (a)(1) and (2).  The commission shall set the unemployment obligation assessment rate in an amount sufficient to ensure timely payment of interest under Subsection (a)(1), but not exceeding two-tenths of one percent.  The commission shall set the unemployment obligation assessment rate in an amount sufficient to ensure timely payment of the bond obligations, including administrative expenses, and to provide an amount necessary in the commission's judgment to enhance investor acceptance of the bonds.  The rate shall be based on a formula prescribed by commission rule, using the employer's experience rating from the previous year.  The unemployment obligation assessment rate applies to the same wage base to which the employer's unemployment tax applies for the year.(c)  The unemployment obligation assessment is due at the same time, collected in the same manner, and subject to the same penalties and interest as other contributions assessed under this subtitle.(d)  Revenue from the unemployment obligation assessment under this section shall be deposited to the credit of the obligation trust fund under Section 203.102.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 2003, 78th Leg., ch. 317, Sec. 4, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.04, eff. June 20, 2003.|
TX Lab Code § 203.151 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter D. Administration Fund|Section 203.151. Administration Fund

Sec. 203.151.  ADMINISTRATION FUND.  (a)  The unemployment compensation administration fund is a special fund in the state treasury.(b)  The administration fund consists of money:(1)  appropriated to the administration fund by this state;(2)  received from the United States or any federal agency for the administration of this subtitle;(3)  collected by the commission as fees for furnishing photostatic or certified copies of commission records;(4)  collected by the commission as fees for conducting audits under the authority granted by this subtitle;(5)  received from any federal agency or any agency of another state as compensation for services or facilities supplied to the agency;(6)  received under any surety bond or insurance policy or from other sources:(A)  for losses sustained by the administration fund;  or(B)  by reason of damage to equipment or supplies purchased with money in the administration fund;(7)  received as proceeds from the sale or disposition of equipment or supplies that are no longer necessary for the proper administration of this subtitle, if the equipment or supplies were purchased with money in the administration fund;  and(8)  received from any other source for the administration of this subtitle.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.|
TX Lab Code § 203.152 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter D. Administration Fund|Section 203.152. Use of Administration Fund

Sec. 203.152.  USE OF ADMINISTRATION FUND.  (a)  Money credited to the administration fund may be used by the commission as provided by this subtitle and may not be transferred to any other fund.(b)  Money in the administration fund received from the federal government or a federal agency may be spent only for the purposes and in the amounts found necessary by the United States secretary of labor or that secretary's successor for the proper and efficient administration of this subtitle.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.|
TX Lab Code § 203.154 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter D. Administration Fund|Section 203.154. Reimbursement of Administration Fund

Sec. 203.154.  REIMBURSEMENT OF ADMINISTRATION FUND.  (a)  If the United States secretary of labor or that secretary's successor finds that money received from the secretary or the secretary's successor under Title III of the Social Security Act (42 U.S.C. Section 501 et seq.) or any other federal money granted to the commission for the administration of this subtitle has been lost or spent for a purpose other than, or in an amount in excess of, that found necessary for the proper administration of this subtitle by the secretary or the secretary's successor, the money shall be replaced by money appropriated for that purpose from the general funds of this state to the administration fund for expenditure as provided by Section 203.152.(b)  On receipt of notice that the secretary or the secretary's successor has made a determination described in Subsection (a), the commission shall promptly report the amount needed for reimbursement to the governor.  The governor, at the earliest opportunity, shall submit to the legislature a request for the appropriation of that amount.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.|
TX Lab Code § 203.201 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter E. Special Administration Fund|Section 203.201. Special Administration Fund

Sec. 203.201.  SPECIAL ADMINISTRATION FUND.  (a)  The unemployment compensation special administration fund is a special fund.(b)  The special administration fund consists of:(1)  all interest and penalties collected under this subtitle, other than a penalty assessed under Section 214.003(a)(2); and(2)  any amounts received under any surety bond for losses sustained by the special administration fund.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 756 (S.B. 658), Sec. 1, eff. October 1, 2013.|
TX Lab Code § 203.202 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter E. Special Administration Fund|Section 203.202. Use of Special Administration Fund

Sec. 203.202.  USE OF SPECIAL ADMINISTRATION FUND.  (a)  Money in the special administration fund may be spent in accordance with this subtitle and may be used:(1)  to pay the cost of reimbursing the benefit account in the compensation fund for benefits paid to former employees of this state that are based on service for this state, and the cost of construction and purchase of buildings and land necessary for that administration;(2)  in the administration of Chapters 51, 61, and 62;(3)  for payment of interest on advances from the federal trust fund;(4)  as a revolving fund to cover expenditures that are necessary and proper under this subtitle and for which federal funds have been requested but not received, subject to the charging of the expenditures against the federal funds when received;  (5)  to refund a penalty as provided by Section 203.203;  and(6)  subject to the provisions of Chapter 2107, Government Code, to pay persons who contract with the commission to collect delinquent unemployment taxes, penalties, and interest owed under this subtitle.(b)  Money in the special administration fund may not be spent in any manner that would permit its substitution for, or a corresponding reduction in, federal funds that would, in the absence of that money, be available to finance expenditures for the administration of this subtitle.(c)  The commission by a resolution entered in its minutes may authorize to be charged against the special administration fund any expenditure the commission considers proper in the interest of good administration of this subtitle if the resolution states that no other funds are available for the expenditure.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 1997, 75th Leg., ch. 94, Sec. 2, eff. Sept. 1, 1997.|
TX Lab Code § 203.203 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter E. Special Administration Fund|Section 203.203. Refund of Penalties

Sec. 203.203.  REFUND OF PENALTIES.  A refund under Subchapter E, Chapter 213 of a penalty that has been erroneously collected and deposited to the credit of the special administration fund shall be made, without interest, from the special administration fund.|Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.|
TX Lab Code § 203.251 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.251. Findings and Purpose

Sec. 203.251.  FINDINGS AND PURPOSE.  (a)  The legislature finds that:(1)  it is an essential governmental function to maintain funds in an amount sufficient to pay unemployment benefits when due;(2)  at the time of the enactment of this subchapter, borrowing from the federal government was the only option available to obtain sufficient funds to pay benefits when the balance in the compensation fund is depleted;(3)  alternative methods of replenishing the unemployment compensation fund may reduce the costs of providing unemployment benefits and employers' cost of doing business in the state;  and(4)  funds representing revenues received from the unemployment obligation assessment authorized under this subchapter and any income from the investment of those funds are not state property.(b)  The purpose of this subchapter is to provide appropriate methods through which the state may continue the unemployment compensation program at the lowest possible cost to the state and employers in the state.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.254 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.254. Issuance of Bonds by Authority

Sec. 203.254.  ISSUANCE OF BONDS BY AUTHORITY.  (a)  The authority shall issue bonds on request by the commission, in accordance with the requirements of Chapter 1232, Government Code, and other provisions of Title 9, Government Code, that apply to bond issuance by a state agency.(b)  The authority shall determine the method of sale, type of bond, bond form, maximum interest rates, and other terms of the bonds that, in the authority's judgment, best achieve the economic goals of the commission and effect the borrowing at the lowest practicable cost.(c)  The authority may enter into a credit agreement in connection with the bonds.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.255 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.255. Bond Proceeds

Sec. 203.255.  BOND PROCEEDS.  (a)  The proceeds of bonds issued by the authority under this subchapter may be deposited with a trustee selected by the authority and the commission or held by the comptroller in a dedicated trust fund outside the state treasury in the custody of the comptroller.(b)  Bond proceeds, including investment income, shall be held in trust for the exclusive use and benefit of the commission.  The commission may use the proceeds to:(1)  repay the principal and interest of previous advances from the federal trust fund;(2)  pay unemployment benefits by depositing the proceeds in the unemployment compensation fund, as defined in Subchapter B;(3)  pay the costs of issuing the bonds;(4)  provide a bond reserve;  and(5)  pay capitalized interest on the bonds for the period determined necessary by the commission, not to exceed two years.(c)  Any excess money remaining after the purposes for which the bonds were issued is satisfied may be used to purchase or redeem outstanding bonds. (d)  If there are no outstanding bonds or bond interest to be paid, the remaining proceeds shall be transferred to the unemployment compensation fund.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.256 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.256. Repayment of Commission's Financial Obligations

Sec. 203.256.  REPAYMENT OF COMMISSION'S FINANCIAL OBLIGATIONS.  (a)  The commission shall assess an unemployment obligation assessment annually on each employer entitled to an experience rating under Chapter 204 if any bonds issued under this subchapter are outstanding.(b)  With regard to outstanding bonds issued by the authority under this subchapter, the authority shall notify the commission of the amount of the bond obligations and the estimated amount of bond administrative expenses each year in sufficient time, as determined by the commission, to permit the commission to assess the annual rate of the unemployment obligation assessment, subject to verification by a financial advisor of the commission or as otherwise specified in the proceedings authorizing the bonds.(c)  The commission shall deposit all revenue collected from the unemployment obligation assessment into the obligation trust fund.  Money deposited in the fund may be invested as permitted by general law.  Money in the obligation trust fund required to be used to pay bond obligations and bond administrative expenses shall be transferred to the authority or used by the commission in the manner and at the time specified in the resolution adopted in connection with the bond issue to ensure timely payment of obligations and expenses, or as otherwise provided by the bond documents.(d)  For bonds issued by the authority for the commission, the commission shall provide for the payment of the bond obligations and the bond administrative expenses by irrevocably pledging revenues received from the unemployment obligation assessment and amounts on deposit in the obligation trust fund, together with any bond reserve fund, as provided in the proceedings authorizing the bonds and related credit agreements.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.257 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.257. Bond Payments

Sec. 203.257.  BOND PAYMENTS.  (a)  Revenues received from the unemployment obligation assessment may be applied only as provided by this subchapter.(b)  The commission may pay bond obligations with other legally available funds.(c)  Bond obligations are payable only from sources provided for payment in this subchapter.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.258 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.258. Excess Revenue Collections and Investment Earnings

Sec. 203.258.  EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.  Revenue collected from the unemployment obligation assessment in any year that exceeds the amount of the bond obligations and bond administrative expenses payable in that year and interest earned on the obligation trust fund may, in the discretion of the commission, be:(1)  used to pay bond obligations payable in the subsequent year, offsetting the amount of the assessment that would otherwise have to be levied for the year under this subchapter;(2)  used to redeem or purchase outstanding bonds;(3)  deposited in the unemployment compensation fund;  or(4)  used to pay principal and interest on advances from the federal trust fund.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.259 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.259. State Debt Not Created

Sec. 203.259.  STATE DEBT NOT CREATED.  (a)  A bond issued under this subchapter, and any related credit agreement, is not a debt of the state or any state agency or political subdivision of the state and is not a pledge of the faith and credit of any of them.  A bond or credit agreement is payable solely from revenue as provided by this subchapter.(b)  A bond, and any related credit agreement, issued under this chapter must contain on its face a statement to the effect that:(1)  neither the state nor a state agency, political corporation, or political subdivision of the state is obligated to pay the principal of or interest on the bond except as provided by this subchapter;  and(2)  neither the faith and credit nor the taxing power of the state or any state agency, political corporation, or political subdivision of the state is pledged to the payment of the principal of or interest on the bond.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.260 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.260. State Not to Impair Bond Obligations

Sec. 203.260.  STATE NOT TO IMPAIR BOND OBLIGATIONS.  If bonds under this subchapter are outstanding, the state may not:(1)  take action to limit or restrict the rights of the commission to fulfill its responsibility to pay bond obligations;  or(2)  in any way impair the rights and remedies of the bond owners until the bonds are fully discharged.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|
TX Lab Code § 203.261 (2021)
2021 Texas Statutes|Labor Code|Title 4 - Employment Services and Unemployment|Subtitle A - Texas Unemployment Compensation Act|Chapter 203 - Financing and Funds|Subchapter F. Issuance of Financial Obligations for Unemployment Compensation Fund|Section 203.261. Exemption From Taxation

Sec. 203.261.  EXEMPTION FROM TAXATION.  A bond issued under this subchapter, any transaction relating to the bond, and profits made from the sale of the bond are exempt from taxation by this state or by a municipality or other political subdivision of this state.|Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003;  Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.|