reglab/housing_qa huggingface dataset:
NV Rev Stat § 612.606 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.606 - Additional contributions by employer required for support of program for employment and training of unemployed persons and persons employed in this State; exceptions.

  1. Except as otherwise provided in subsection 4, in addition to any other contribution required by this chapter, each employer shall make payments into the Unemployment Compensation Administration Fund for the program for the employment and training of unemployed persons and persons employed in this State at the rate of .05 percent of the wages the employer pays.  2. The interest and forfeit provisions of NRS 612.620 and 612.740, respectively, are inapplicable to the payments required by this section.  3. In determining unemployment compensation contribution rates assigned to employers pursuant to this chapter, payments paid into the Unemployment Compensation Administration Fund for the program for the employment and training of unemployed persons and persons employed in this State pursuant to this section must remain separate from any other contribution paid pursuant to this chapter and must not be included in any manner in computing the contribution rates to be assigned to employers under NRS 612.550.  4. The provisions of this section do not apply to an employer:  (a) Who has been assigned a contribution rate of 5.4 percent pursuant to subsection 6 of NRS 612.550; or  (b) Who has elected to make reimbursement in lieu of contributions pursuant to NRS 612.553.  (Added to NRS by 1989, 1527; A 1991, 146; 1993, 648; 1995, 1740; 2003, 1939)
NV Rev Stat § 612.607 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.607 - Deposit, transfer and expenditure of payments for program for employment and training of unemployed persons and persons employed in this State.

  1. All payments collected pursuant to NRS 612.606 must be deposited in the Unemployment Compensation Administration Fund. At the end of each fiscal year, the State Controller shall transfer to the Clearing Account in the Unemployment Compensation Fund the amount by which the unencumbered balance of the money deposited in the Unemployment Compensation Administration Fund pursuant to this subsection exceeds the amount of that money which the Legislature has authorized for expenditure during the first 90 days of the succeeding fiscal year.  2. Except for money transferred from the Unemployment Compensation Administration Fund pursuant to subsection 1, the Administrator may only expend the money collected for the employment and training of unemployed persons and persons employed in this State to:  (a) Establish and administer an employment training program which must foster job creation, minimize unemployment costs of employers and meet the needs of employers for skilled workers by providing training to unemployed persons.  (b) Establish or provide support for job training programs in the public and private sectors for training, retraining or improving the skills of persons employed in this State.  (c) Establish a program to provide grants of money to a nonprofit private entity to be used to make loans of money to veterans and senior citizens to start small businesses. The Administrator shall adopt regulations establishing criteria and standards relating to the eligibility for and use of any grants made pursuant to this paragraph.  (d) Pay the costs of the collection of payments required pursuant to NRS 612.606.  3. The money used for the program for the employment and training of unemployed persons and persons employed in this State must supplement and not displace money available through existing employment training programs conducted by any employer or public agency and must not replace, parallel, supplant, compete with or duplicate in any way existing apprenticeship programs approved by the State Apprenticeship Council.  4. As used in this section:  (a) "Senior citizen" has the meaning ascribed to it in NRS 439.650.  (b) "Small business" means a business conducted for profit which:  (1) Employs 50 or fewer full-time employees; and  (2) Has gross annual sales of less than $5,000,000.  (Added to NRS by 1989, 1527; A 1991, 146; 1993, 647, 1842; 1995, 579, 1740; 2003, 1940; 2009, 148)
NV Rev Stat § 612.608 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.608 - Accrual and submission of payments for program for employment and training of unemployed persons and persons employed in this State; disregard of fractions.

  1. Payments required pursuant to NRS 612.606 accrue and become payable by each employer for each calendar quarter in which the employer is subject to the provisions of this chapter. Payments must be submitted from each employer to the Administrator with the contributions submitted for the same calendar quarter and must not be deducted, in whole or in part, from the wages of persons in employment for that employer.  2. In making the payments required by NRS 612.606, a fractional part of a cent must be disregarded unless it amounts to one-half cent or more, in which case it must be increased to 1 cent.  (Added to NRS by 1989, 1528; A 1991, 146; 1993, 1842) — (Substituted in revision for NRS 612.603)
NV Rev Stat § 612.609 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.609 - Disbursement of delinquent payments by employers.

Collection of money from an employer delinquent in making contributions or payments pursuant to the provisions of this chapter must first be applied to pay the employer’s delinquent contributions to the Unemployment Compensation Fund, then applied to pay the employer’s delinquent payments to the Unemployment Compensation Administration Fund and finally to pay any penalty and interest imposed pursuant to the provisions of this chapter.  (Added to NRS by 1989, 1528; A 1991, 146; 1993, 648) — (Substituted in revision for NRS 612.604)
NV Rev Stat § 612.610 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.610 - Reimbursement.

  1. If any money received after June 30, 1941, from the Department of Labor under Title III of the Social Security Act, or any unencumbered balances in the Unemployment Compensation Administration Fund as of that date, or any money granted after that date to this State pursuant to the provisions of the Wagner-Peyser Act, are found by the Department of Labor, because of any action or contingency, to have been lost or expended for purposes other than, or in amounts in excess of, those found necessary by the Department of Labor for the proper administration of this chapter, it is the policy of this State that such money must be replaced by money appropriated for such purpose from the general fund of this State to the Unemployment Compensation Administration Fund for expenditure as provided in NRS 612.605. Upon receipt of notice of such a finding by the Department of Labor, the Administrator shall promptly report the amount required for such replacement to the Governor, and the Governor shall at the earliest opportunity submit to the Legislature a request for the appropriation of that amount.  2. This section does not relieve this State of its obligation with respect to money received before July 1, 1941, pursuant to the provisions of Title III of the Social Security Act.  [Part 13:129:1937; A 1939, 115; 1941, 412; 1943, 239; 1949, 257; 1955, 698] — (NRS A 1993, 1843)
NV Rev Stat § 612.6102 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6102 - Definitions.

As used in NRS 612.6102 to 612.6134, inclusive, unless the context otherwise requires, the words and terms defined in NRS 612.6104 to 612.6118, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6104 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6104 - "Benefits" defined.

Benefits has the meaning ascribed to it in NRS 612.035 and also includes the principal due on a bond which is attributable to the payment of benefits under Title XII of the Social Security Act, 42 U.S.C. §§ 1321 et seq., as amended, or which is attributable to the repayment of the principal of a federal advance, in each case, exclusive of interest on the bond or bond administrative expenses.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6106 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6106 - "Bond" defined.

Bond means any type of special revenue obligation, including, without limitation, a bond, note, interim obligation, certificate or other instrument issued by the State Board of Finance in accordance with NRS 612.6102 to 612.6134, inclusive, including refunding bonds.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6108 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6108 - "Bond administrative expense" defined.

Bond administrative expense means any expense incurred by the Division, the State Treasurer, the State Board of Finance, bond trustees, paying agents, arbitrage compliance agents or any other person or entity to administer bonds or as otherwise necessary to ensure compliance with federal or Nevada law.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.611 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.611 - "Bond obligation" defined.

Bond obligation means the principal of a bond and any premium and interest payable on a bond, together with any amount owed under a related credit agreement or under any instrument or agreement related to the bond.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6112 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6112 - "Credit agreement" defined.

Credit agreement means a loan agreement, a revolving credit agreement, an agreement establishing a line of credit, a letter of credit, a standby bond purchase agreement, municipal bond insurance or any other agreement that enhances the marketability, security or creditworthiness of a bond.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6114 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6114 - "Federal advance" defined.

Federal advance means a loan by the Federal Government to this State for the payment of compensation under Title XII of the Social Security Act, 42 U.S.C. §§ 1321 et seq., as amended.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6116 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6116 - "Special bond contributions" defined.

Special bond contributions means the contributions required to be assessed, imposed and collected pursuant to NRS 612.6132.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6118 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6118 - "Unemployment Compensation Bond Fund" defined.

Unemployment Compensation Bond Fund means the fund established pursuant to NRS 612.613.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.612 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.612 - Legislative findings and declarations.

The Legislature hereby finds and declares that:  1. It is an important public policy of this State to maintain funds in an amount sufficient to pay unemployment benefits when due;  2. Unemployment benefits payments are made from Nevada’s account in the Unemployment Trust Fund of the United States Treasury and are funded by employer contributions;  3. Borrowing from the Federal Government is the only option available to obtain sufficient funds to pay benefits when the balance in Nevada’s account in the Unemployment Trust Fund of the United States Treasury is insufficient to make necessary payments;  4. Alternative methods of replenishing Nevada’s account in the Unemployment Trust Fund of the United States Treasury and establishing adequate balances therein may reduce the costs of providing unemployment benefits and employers’ costs of doing business in this State; and  5. It is in the best interest of this State to authorize the issuance of bonds, when appropriate, for the purpose of continuing the unemployment insurance program at the lowest possible cost to this State and to employers in this State and to avoid reductions in the federal unemployment tax credit.  (Added to NRS by 2013, 2644)
NV Rev Stat § 612.6122 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6122 - State Board of Finance authorized to issue bonds to repay loans from Federal Government for payment of unemployment compensation and to establish adequate balances in Unemployment Trust Fund; contents of bond.

  1. At the request of the Administrator, the State Board of Finance may issue bonds under the authority of this section and NRS 349.071, in the manner provided in the State Securities Law, to fund the repayment of federal advances and interest thereon, to make deposits to or to establish adequate balances in this State’s account in the Unemployment Trust Fund of the United States Treasury, to pay the costs of issuing bonds, to pay bond administrative expenses, to fund capitalized interest, to fund bond reserves, to refund or redeem prior bonds, or otherwise to further the purposes of NRS 612.6102 to 612.6134, inclusive.  2. Bonds issued pursuant to NRS 612.6102 to 612.6134, inclusive, are special obligations and are not a public debt of this State within the meaning of Section 3 of Article 9 of the Nevada Constitution and do not exhaust its debt-incurring power under any such debt limitation, and must not create or constitute any indebtedness, liability or obligation of this State, except from the special funds pledged thereto.  3. Bond obligations and bond administrative expenses are payable solely from revenues or funds pledged or available for their repayment as authorized in NRS 612.6102 to 612.6134, inclusive, including the proceeds of the issuance of bonds.  4. Each bond must contain on its face a statement that:  (a) The bond, and the interest and any premium on the bond, are payable solely from the money, funds and assets pledged to or available for the payment thereof under NRS 612.6102 to 612.6134, inclusive;  (b) Neither this State nor any political subdivision thereof is obligated to pay the principal of the bond, and the interest and any premium on the bond, except from special funds made available under NRS 612.6102 to 612.6134, inclusive; and  (c) The full faith and credit or moral obligation of this State is not pledged to the payment of the principal of the bond, or the interest and any premium on the bond.  5. The provisions of the State Securities Law, set forth in NRS 349.150 to 349.364, inclusive, apply to bonds issued pursuant to the provisions of this section.  6. Subject to the provisions of NRS 349.303, bonds are payable upon the terms and conditions specified by the State Board of Finance in the resolution under which the State Board of Finance issues the bonds or in a related trust indenture.  (Added to NRS by 2013, 2645)
NV Rev Stat § 612.6128 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6128 - Procedure for payment of bond-related obligations.

  1. For each calendar year in which bond obligations and bond administrative expenses will be due, the State Treasurer shall notify the Administrator of the amount of bond obligations, the estimated amount of bond administrative expenses and the other amounts described in subsection 2 of NRS 612.613 in sufficient time, as determined by the Administrator, to permit the Administrator to determine the amount of special bond contributions required for that year, for deposit into the Unemployment Compensation Bond Fund. The State Treasurer’s calculation of the amount of bond obligations and bond administrative expenses that will be due is subject to verification by the Administrator.  2. Money in the Unemployment Compensation Bond Fund that is needed to pay bond obligations and bond administrative expenses or to replenish bond reserves must be transferred as directed by the Administrator to ensure the timely payment of bond obligations and bond administrative expenses and timely replenishment of bond reserves under any instrument or agreement related to the bonds.  3. If there is a deficiency in the Unemployment Compensation Bond Fund and to the extent permitted by law, that part of the principal due on bonds which is attributable to payment of benefits or the repayment of the principal of federal advances under Title XII of the Social Security Act, 42 U.S.C. §§ 1321 et seq., as amended, exclusive of any interest or bond administrative expenses associated with the bonds, may be paid from this State’s account in the Unemployment Trust Fund of the United States Treasury.  (Added to NRS by 2013, 2646)
NV Rev Stat § 612.613 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.613 - Creation; sources; uses.

  1. There is hereby established as a special dedicated trust fund, separate and apart from all other public money or funds of this State, a fund in the State Treasury to be known as the Unemployment Compensation Bond Fund. The State Treasurer shall be the treasurer and custodian of the Unemployment Compensation Bond Fund. All special bond contributions and any other amounts provided for in any contract, instrument or other agreement entered into pursuant to subsection 5 of NRS 612.6124 must be paid into the Unemployment Compensation Bond Fund, provided that all or a portion of the special bond contributions may be paid into this State’s account in the Unemployment Trust Fund of the United States Treasury as may be provided in any contract, instrument or other agreement entered into pursuant to subsection 5 of NRS 612.6124. Expenditures of money in the Unemployment Compensation Bond Fund are not subject to any provision of law requiring specific appropriations or other formal release by state officers of money in their custody.  2. The money in the Unemployment Compensation Bond Fund must be used for any or all of the following purposes:  (a) Payment of bond obligations and bond administrative expenses;  (b) Replenishment of bond reserves;  (c) Funding or replenishment of additional reserves in an amount required under any instrument or agreement related to the bonds to maintain a debt service coverage ratio at least at the level required by the trust indenture and instruments in connection with the bonds or in an amount that may be necessary to maintain any ratings on the bonds at a level determined by the State Treasurer, in his or her sole discretion; and  (d) Optional redemption, mandatory redemption, purchase, refunding or defeasance of outstanding bonds.  Subject to the provisions of the trust indenture and instruments in connection with the bonds, money in the Unemployment Compensation Bond Fund may also be used for transfer to the Benefit Account for payment of benefits under this chapter.  3. Pending application for the purposes authorized, money held or deposited by the State Treasurer in the Unemployment Compensation Bond Fund may be invested or reinvested as are other funds in the custody of the State Treasurer in the manner provided by law. All earnings received from the investment or deposit of money in the Unemployment Compensation Bond Fund must be retained therein.  (Added to NRS by 2013, 2647)
NV Rev Stat § 612.6134 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.6134 - Faith of State pledged not to impair bonds.

Notwithstanding the provisions of NRS 612.755, the faith of the State is hereby pledged that NRS 612.595, 612.600, 612.6102 to 612.6134, inclusive, and 612.617, any law supplemental or otherwise appertaining thereto, and any other act concerning the bonds, the Unemployment Compensation Bond Fund, the special bond contributions or other pledged money, funds or assets, must not be repealed or amended or otherwise directly or indirectly modified in such a manner as to impair adversely any outstanding bonds until all such bonds have been discharged in full or provision for their payment and redemption has been fully made.  (Added to NRS by 2013, 2649)
NV Rev Stat § 612.615 (2021)
2021 Nevada Revised Statutes|Chapter 612 - Unemployment Compensation|NRS 612.615 - Creation; source and use of money.

  1. There is hereby created the Employment Security Fund as a special revenue fund.  2. Except as otherwise provided in paragraph (a) of subsection 6 of NRS 612.445, all interest and forfeits collected under NRS 612.618 to 612.675, inclusive, 612.7102 to 612.7116, inclusive, and 612.740 must be paid into the Fund.  3. All money which is deposited or paid into the Fund is hereby appropriated and made available to the Administrator or for any other purpose authorized by the Legislature. The money may not be expended or made available for expenditure in any manner which would permit its substitution for, or a corresponding reduction in, federal payments which would, in the absence of this money, be available to finance expenditures for the administration of the employment security laws of the State of Nevada.  4. This section does not prevent this money from being used as a revolving fund to cover expenditures, necessary and proper under the law, for which federal payments have been duly requested but not yet received, subject to the repayment to the Fund of such expenditures when received.  5. Except as otherwise provided in this section, money in this Fund available to the Administrator must be used by the Administrator for the payment of costs of:  (a) Administration which are found not to have been properly and validly chargeable against federal grants received for or in the Unemployment Compensation Administration Fund; or  (b) Any program or the implementation of procedures deemed necessary by the Administrator to ensure the proper payment of benefits and collection of contributions and reimbursements pursuant to this chapter or for any other purpose authorized by the Legislature.  6. The Administrator may use money deposited in this Fund from a penalty imposed pursuant to paragraph (b) of subsection 6 of NRS 612.445 for any purpose that furthers the integrity of the system of unemployment compensation established pursuant to this chapter.  7. Any balances in this Fund do not lapse at any time, but are continuously available to the Administrator for expenditure consistent with this chapter.  8. Money in this Fund must not be commingled with other state money, but must be maintained in a separate account on the books of the depositary.  [13.1:129:1937; added 1945, 299; 1943 NCL § 2825.13-1] — (NRS A 1977, 47; 1993, 1844; 2009, 2495; 2010, 26th Special Session, 23; 2013, 1972)