reglab/statecodes huggingface dataset:
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.555 - Employing unit becoming employer within calendar quarter subject to chapter from beginning of quarter; exception.

Any employing unit which becomes an employer subject to this chapter within any calendar quarter is subject to this chapter from the beginning of that quarter, except that any nonprofit organization as defined in NRS 612.121, or agricultural employer or domestic employer as defined in NRS 612.055, which becomes subject to this chapter within any calendar year is subject to this chapter for the whole of the calendar year.
[Part 8:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1943 NCL § 2825.08]—(NRS A 1973, 1368; 1977, 843)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.560 - When employing unit ceases to be employer.

1. Except as otherwise provided in NRS 612.565 to 612.580, inclusive, an employing unit ceases to be an employer subject to this chapter at any time when it appears to the satisfaction of the Administrator that:
(a) During each of the four completed calendar quarters immediately preceding the Administrator’s finding, the employing unit did not employ in employment subject to this chapter one or more persons in any calendar quarter wherein the employing unit had a payroll of $225 or more;
(b) Any nonprofit organization, as described in subsection 1 of NRS 612.121, does not qualify for coverage because it does not meet the requirements of subparagraph (2) of paragraph (b) of subsection 1 of that section;
(c) Any agricultural employer, as defined in NRS 612.055, does not qualify for coverage because it does not meet the requirements of that section; or
(d) Any domestic employer, as defined in NRS 612.055, does not qualify for coverage because it does not meet the requirements of those sections.
2. For the purposes of this section, the two or more employing units mentioned in subsection 2 or 3 of NRS 612.055 must be treated as a single employing unit.
[Part 8:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1943 NCL § 2825.08]—(NRS A 1973, 1368; 1977, 843; 1993, 1838)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.565 - Employing unit not subject to chapter may elect to become employer subject to chapter; conditions.

An employing unit, not otherwise subject to this chapter, which files with the Administrator its written election to become an employer subject hereto for not less than 2 calendar years, becomes, with the written approval of such election by the Administrator, an employer subject hereto to the same extent as all other employers, as of the date stated in such approval, and ceases to be subject hereto as of January 1 of any calendar year subsequent to such 2 calendar years only if at least 30 days before such January 1 it has filed with the Administrator a written notice to that effect.
[Part 8:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1943 NCL § 2825.08]—(NRS A 1993, 1839)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.570 - Employing unit may elect that services not covered by chapter shall be deemed to constitute employment; conditions.

1. Any employing unit for which services that do not constitute employment, as defined in this chapter, are performed, may file with the Administrator a written election that all such services performed by persons in its employ in one or more distinct establishments or places of business shall be deemed to constitute employment for all the purposes of this chapter for not less than 2 calendar years.
2. Upon the written approval of such election by the Administrator, such services shall be deemed to constitute employment subject to this chapter from and after the date stated in such approval.
3. Such services cease to be deemed employment subject hereto as of January 1 of any calendar year subsequent to such 2 calendar years, only if at least 30 days before such January 1 such employing unit has filed with the Administrator a written notice to that effect.
[Part 8:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1943 NCL § 2825.08]—(NRS A 1993, 1839)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.580 - Termination of employer’s election by Administrator.

The Administrator may terminate the approval of the election of coverage made by any employing unit pursuant to NRS 612.565 and 612.570 at any time upon 30 days’ written notice.
[Part 8:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1943 NCL § 2825.08]—(NRS A 1971, 1364; 1977, 844; 1993, 1839)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.585 - Establishment and control.

1. There is hereby established as a special fund, separate and apart from all public money or funds of this State, an Unemployment Compensation Fund, which must be administered by the Administrator exclusively for the purposes of this chapter.
2. The Fund consists of:
(a) All contributions, other than special bond contributions as defined in NRS 612.6116, or reimbursements in lieu of contributions collected under this chapter.
(b) Interest earned upon the money in the Fund.
(c) Any property or securities acquired through the use of money belonging to the Fund.
(d) All earnings of such property or securities.
(e) All money credited to the account of the State of Nevada in the Unemployment Trust Fund pursuant to section 903 of the Social Security Act, as amended (42 U.S.C. § 1103).
(f) All other money received for the Fund from any other source.
3. All money in the Fund must be mingled and undivided.
4. All fines and penalties collected pursuant to the criminal provisions of this chapter must be paid to the State Permanent School Fund.
[Part 9:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1943 NCL § 2825.09]—(NRS A 1969, 220; 1971, 1364; 1993, 1839; 2013, 2649)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.590 - Accounts; deposits; refunds.

1. The State Treasurer shall:
(a) Be the treasurer and custodian of the Fund.
(b) Administer the Fund in accordance with the directions of the Administrator.
(c) Issue warrants upon it in accordance with such regulations as the Administrator prescribes.
2. The State Treasurer shall maintain within the Fund three separate accounts:
(a) A Clearing Account.
(b) An Unemployment Trust Fund Account.
(c) A Benefit Account.
3. All money payable to the Fund, upon receipt thereof by the Administrator, must be forwarded to the State Treasurer, who shall immediately deposit it in the Clearing Account.
4. Refunds payable pursuant to NRS 612.655 may be paid from the Clearing Account or from the Benefit Account upon warrants issued by the State Treasurer under the direction of the Administrator.
5. After clearance thereof, all other money in the Clearing Account must be immediately deposited with the Secretary of the Treasury to the credit of the account of this State in the Unemployment Trust Fund established and maintained pursuant to Section 904 of the Social Security Act, as amended, 42 U.S.C. § 1104, any provisions of law in this State relating to the deposit, administration, release or disbursement of money in the possession or custody of this State to the contrary notwithstanding.
6. The Benefit Account consists of all money requisitioned from this State’s account in the Unemployment Trust Fund and any money transferred to the Benefit Account pursuant to NRS 612.6128.
7. Except as herein otherwise provided, money in the Clearing and Benefit Accounts may be deposited by the State Treasurer, under the direction of the Administrator, in any bank, credit union or public depositary in which general money of the State may be deposited, but no public deposit insurance charge or premium may be paid out of the Fund.
8. Money in the Clearing and Benefit Accounts must not be commingled with other state money, but must be maintained in a separate account on the books of the depositary. Money in the Clearing and Benefit Accounts must be secured by the bank, credit union or public depositary to the same extent and in the same manner as required by the general depositary laws of the State of Nevada, and collateral pledged must be maintained in a separate custody account.
[Part 9:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1943 NCL § 2825.09]—(NRS A 1975, 349; 1993, 1840; 1999, 1523; 2013, 2650)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.595 - Withdrawals.

1. Money may be requisitioned from this State’s account in the Unemployment Trust Fund solely for the payment of benefits and refunds in accordance with regulations prescribed by the Administrator, except that money credited to the account of the State of Nevada pursuant to Section 903 of the Social Security Act, as amended (42 U.S.C. § 1103), must be used exclusively as provided in NRS 612.617.
2. The Administrator shall from time to time requisition from the Unemployment Trust Fund such amounts, not exceeding the amounts standing to this State’s account therein, as the Administrator deems necessary for the payment of benefits for a reasonable future period.
3. Upon receipt thereof the State Treasurer shall deposit such money in the Benefit Account and the State Treasurer shall issue warrants for the payment of benefits solely from such Benefit Account.
4. Expenditures of such money in the Benefit Account and refunds from the Clearing Account are not be subject to any provisions of law requiring specific appropriations or other formal release by state officers of money in their custody.
5. All warrants issued by the State Treasurer for the payment of benefits and refunds must bear the signature of the State Treasurer and the countersignature of the Administrator, or the Administrator’s duly authorized agent for that purpose.
6. Any balance of money requisitioned from the Unemployment Trust Fund which remains unclaimed or unpaid in the Benefit Account after the expiration of the period for which such sums were requisitioned must be either deducted from estimates for, and may be utilized for the payment of, benefits during succeeding periods, or in the discretion of the Administrator must be redeposited with the Secretary of the Treasury to the credit of this State’s account in the Unemployment Trust Fund, as provided in NRS 612.590.
[Part 9:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1943 NCL § 2825.09]—(NRS A 1969, 220; 1993, 1841)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.600 - Management of money upon discontinuance of Unemployment Trust Fund.

1. The provisions of NRS 612.585, 612.590 and 612.595, to the extent that they relate to the Unemployment Trust Fund, are operative only so long as the Unemployment Trust Fund continues to exist and so long as the Secretary of the Treasury continues to maintain for this State a separate book account of all money deposited therein by this State for benefit purposes, together with this State’s proportionate share of the earnings of the Unemployment Trust Fund, from which no other state is permitted to make withdrawals.
2. If and when the Unemployment Trust Fund ceases to exist, or such separate book account is no longer maintained, all money, properties or securities therein belonging to the Unemployment Compensation Fund of this State must be transferred to the State Treasurer as treasurer of the Unemployment Compensation Fund, who shall hold, invest, transfer, sell, deposit and release such money, properties or securities in a manner approved by the Administrator in accordance with the provisions of this chapter. Investments must at all times be so made that all the assets of the Fund are always readily convertible into cash when needed for the payment of benefits.
3. The State Treasurer shall dispose of securities or other properties belonging to the Unemployment Compensation Fund only under the direction of the Administrator.
[Part 9:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1943 NCL § 2825.09]—(NRS A 1993, 1841)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.605 - Creation; receipt and use of money.

1. There is hereby created the Unemployment Compensation Administration Fund as a special revenue fund.
2. All money which is deposited or paid into this Fund is hereby appropriated to the Administrator.
3. All money in the Fund may be expended solely for the purpose of defraying the cost of the administration of this chapter.
4. All money received from the Department of Labor for the Fund pursuant to Section 302 of the Social Security Act (42 U.S.C. § 502) may be expended solely for the purposes and in the amounts found necessary by the Department of Labor for the proper and efficient administration of this chapter.
5. In addition to money deposited pursuant to NRS 612.617, the Fund consists of:
(a) All money appropriated by this State.
(b) All money received from the United States of America or any agency thereof, including the Department of Labor, the Railroad Retirement Board, and the United States Employment Service.
(c) All money received from any other source, for such purpose.
6. Money received from the Railroad Retirement Board as compensation for services or facilities supplied to the Board must be paid into the Fund.
7. Except as otherwise provided in NRS 612.607, any balances in the Fund do not lapse at any time and are continuously available to the Administrator for expenditure consistent with this chapter.
8. Money in the Fund must not be commingled with other state money, but must be maintained in a separate account on the books of the depositary. The account must be secured by the depositary in which it is held to the same extent and in the same manner as required by the general depositary laws of the State, and collateral pledged must be maintained in a separate custody account.
9. All sums recovered on any official bond for losses sustained by the Unemployment Compensation Administration Fund must be deposited in the Unemployment Compensation Administration Fund.
10. All money requisitioned and deposited in the Fund pursuant to NRS 612.617 must be used in accordance with the conditions specified in NRS 612.617.
[Part 13:129:1937; A 1939, 115; 1941, 412; 1943, 239; 1949, 257; 1955, 698]—(NRS A 1969, 221; 1977, 46; 1993, 1842; 1995, 1739)
2023 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)
2023 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" means a person who is domiciled in this State and is 62 years of age or older.
(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; 2021, 72)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 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)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.617 - Requisition and use of money credited to Nevada account.

1. Money credited to the account of this State in the Unemployment Trust Fund by the Secretary of the Treasury of the United States of America pursuant to section 903 of the Social Security Act, as amended (42 U.S.C. § 1103), may be requisitioned and used for the payment of expenses incurred for the administration of this chapter, pursuant to a specific appropriation by the Legislature, if the expenses are incurred and the money is requisitioned after the enactment of an appropriation law which:
(a) Specifies the purposes for which the money is appropriated and the amounts appropriated therefor;
(b) Limits the period within which the money may be expended to a period ending not more than 2 years after the date of the enactment of the appropriation law; and
(c) Limits the amount which may be used during a 12-month period beginning on July 1 and ending on June 30 of the following year to an amount which does not exceed the amount by which the aggregate of the amounts credited to the account of this State pursuant to section 903 of the Social Security Act, as amended (42 U.S.C. § 1103), during the same 12-month period and the 24 preceding 12-month periods, exceeds the aggregate of the amounts used pursuant to this section and charged against the amounts credited to the account of this State during any of such 25 12-month periods.
2. For the purposes of subsection 1, amounts used during any such 12-month period must be charged against equivalent amounts which were first credited and which are not already so charged, except that no amount used during any such 12-month period for the administration of this chapter may be charged against any amount credited during such a 12-month period earlier than the 24th preceding period.
3. Money credited to the account of this State pursuant to section 903 of the Social Security Act, as amended (42 U.S.C. § 1103), may not be withdrawn or used except for:
(a) The payment of benefits, as defined in NRS 612.6104; and
(b) The payment of expenses for the administration of this chapter pursuant to this section.
4. Money appropriated for the payment of expenses of administration pursuant to this section may be requisitioned as needed for the payment of obligations incurred under such appropriation and, upon requisition, must be deposited in the Unemployment Compensation Administration Fund from which such payments must be made. The Administrator shall maintain a separate record of the deposit, obligation, expenditure and return of funds so deposited. Money so deposited must, until expended, remain a part of the Unemployment Compensation Fund and, if it will not be expended, must be returned promptly to the account of this State in the Unemployment Trust Fund.
(Added to NRS by 1969, 222; A 1973, 246; 1975, 577; 1993, 1844; 2013, 2650)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.6175 - Creation; sources; uses; duties of Administrator; assessment to be paid by employers; exceptions; management of money upon discontinuance of Fund.

1. There is hereby created the Interest Repayment Fund as a special revenue fund.
2. The Fund consists of all money received pursuant to this section, and must only be used for the payment of interest accruing and payable on advances received pursuant to NRS 612.290 in accordance with the conditions specified in Title XII of the Social Security Act, 42 U.S.C. §§ 1321 et seq., as amended.
3. The Administrator shall establish an assessment that will be calculated by dividing the interest accruing and payable on advances received pursuant to NRS 612.290 by 95 percent of the total taxable wages paid by all employers in this State during the immediately preceding calendar year.
4. Except as otherwise provided in subsection 7, each employer subject to the provisions of this chapter shall pay a proportionate share of the assessment established by the Administrator pursuant to subsection 3. An employer’s proportionate share of the assessment will be calculated by multiplying the employer’s total taxable wages paid during the immediately preceding calendar year by the amount of the assessment. The Administrator shall notify each employer of his or her proportionate share of the assessment on or before June 30 of each year, and may collect interest on any such amount that remains unpaid on July 31 of each year in accordance with the provisions of NRS 612.620. Any money collected from an employer pursuant to this subsection must be deposited into the Interest Repayment Fund. The Administrator shall establish procedures necessary to collect payments pursuant to this subsection.
5. An employer’s proportionate share of the assessment must not be charged against the experience rating record of the employer.
6. The provisions of law applicable to the collection of unemployment contributions also apply to the collection of payments pursuant to this section.
7. The provisions of this section do not apply to any nonprofit organization, political subdivision or Indian tribe which makes reimbursements in lieu of contributions pursuant to NRS 612.553.
8. The provisions of this section are operative only so long as the Interest Repayment Fund continues to exist and the Administrator continues to accept and deposit payments received from employers pursuant to this section into the Interest Repayment Fund. If the Administrator determines that the assessment is no longer necessary, the Administrator shall notify all employers paying a proportionate share of the assessment and shall not accept any further payments. If and when the Interest Repayment Fund ceases to exist, any money remaining in the Interest Repayment Fund, after the payment of all interest accruing and payable on advances received pursuant to NRS 612.290 and a determination by the Administrator that no further payments are anticipated, must be deposited into the Unemployment Compensation Fund.
(Added to NRS by 2013, 1942)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.618 - Payment that is returned or dishonored does not constitute timely payment; additional fee.

1. If a check, draft, electronic transfer of money or other method of payment is tendered on or before the due date in payment of contributions but is afterward returned to the Division or otherwise dishonored by the financial institution on which the check, draft or electronic transfer of money is drawn or that issued the other method of payment, the check, draft, electronic transfer of money or other method of payment does not constitute timely payment unless the Administrator determines that the return or dishonor occurred because of fault on the part of the financial institution.
2. The Administrator shall charge an additional fee in the amount established by the State Controller pursuant to NRS 353C.115 for handling against a person who presents a check, draft, electronic transfer of money or other method of payment that is afterward returned or otherwise dishonored. The fee may be waived only by the Administrator. The fee must be deposited in the Unemployment Compensation Administration Fund.
(Added to NRS by 1999, 1712; A 2003, 20th Special Session, 216; 2005, 453, 590)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.620 - Interest on unpaid contributions.

1. When any contribution as provided in this chapter remains unpaid on the date on which it becomes due, as prescribed by the Administrator, it bears interest at the rate of 1 percent for each month or portion of a month thereafter until such payment, plus accrued interest, is received by the Administrator.
2. Interest accrued under this section may not be waived under any circumstances.
3. Interest collected pursuant to this section must be paid into the Employment Security Fund.
[Part 14:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1951, 351; 1955, 698]—(NRS A 1993, 1845; 1999, 1713)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.625 - Civil action: Notice; attachment.

If, after due notice thereof, any employer defaults in any payment of contributions, interest or forfeit imposed under this chapter, the Administrator, or the Administrator’s authorized representative, may collect the amount due by civil action brought in the name of the State of Nevada in the district court. As provided in NRS 31.010, the Administrator or the Administrator’s authorized representative may have the property of the defendant attached.
[Part 14:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1951, 351; 1955, 698]—(NRS A 1993, 1845)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.630 - Summary judgment: Filing certificate; where to be filed; contents; entry of judgment.

1. In addition to or independently of the remedy by civil action provided in NRS 612.625, the Administrator, or the Administrator’s authorized representative, after giving to any employer who defaults in any payment of contributions, interest or forfeit provided by this chapter 15 days’ notice by registered or certified mail, addressed to the employer’s last known place of business or address, or notice by electronic transmission, may file in the office of the clerk of the district court in the county in which the employer has his or her principal place of business, or if there is no such principal place of business, then in Carson City, a certificate, which need not be verified, but which must specify the amount of contribution, interest and forfeit due, the name and last known place of business of the employer liable for the same, and which must contain a statement that the Division has complied with all the provisions of this chapter in relation to the computation and levy of the contribution, together with the request that judgment be entered for the State of Nevada, and against the employer named, in the amount of the contribution, interest and forfeit set forth in the certificate.
2. Within the 15-day period, the employer may pay the amount specified in such notice, under protest, to the Administrator, and thereupon has the right to initiate, within 60 days following such payment, and to maintain his or her action against the Division for a refund of all or any part of any such amount and to recover so much thereof as may have been erroneously assessed or paid. Such an action by the employer must be commenced and maintained in the district court in the county wherein is located the principal place of business of the employer. In the event of entry of judgment for the employer, the Division shall promptly refund such sum without interest as may be determined by the court.
3. If no such payment under protest is made as provided in subsection 2, upon filing the certificate as provided in subsection 1, the clerk of the district court shall immediately enter a judgment in favor of the Division and against the employer in the amount of the contributions, interest and forfeit set forth in the certificate.
[Part 14:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1951, 351; 1955, 698]—(NRS A 1959, 110; 1969, 95, 312; 1993, 1845; 2013, 100; 2021, 1486)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.635 - Judgments: Recording of abstract or copy; liens; priorities; execution.

1. An abstract of a judgment entered pursuant to NRS 612.630 or a copy thereof may be recorded with the county recorder of any county in the State of Nevada, and from the time of the recording the amount of the contribution, interest and forfeit therein set forth constitutes a lien upon all the real and personal property of the employer in such county, owned by the employer or which the employer may afterward acquire, which lien has the force, effect and priority of a judgment lien.
2. Execution must issue upon such a judgment upon request of the Administrator or the Administrator’s authorized representative in the same manner as execution may issue upon other civil judgments, and sales must be held under such execution as upon other executions upon civil judgments.
[Part 14:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1951, 351; 1955, 698]—(NRS A 1993, 1846)
2023 Nevada Revised Statutes › Chapter 612 - Unemployment Compensation › NRS 612.640 - Appeals to appellate court.

Appeals may be taken to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution from the judgment of the district court in the same manner and with the same effect as in other civil cases, except that notice of appeal must be served and filed within 60 days from the entry of judgment.
[Part 14:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1951, 351; 1955, 698]—(NRS A 2013, 1792)