Legislation

HB 236 — Session Law

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Mentions of “Administration” — 6 found on pages 1, 2

… Code by making deletions as shown by strike through and insertions as shown by underline as follows: § 3166. Special Administration Fund. (a) Creation. — There is created in the State Treasury a special fund to be known as The Special Administration

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Administration Fund. (a) Creation. — There is created in the State Treasury a special fund to be known as The Special Administration Fund of the Department of Labor. This Fund shall consist of: (5) All moneys collected pursuant to § 3350(9)(n) of th …

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… Department of Labor. This Fund shall consist of: (5) All moneys collected pursuant to § 3350(9)(n) of this title. (b) Administration. — All moneys collected pursuant to this section shall be deposited in the clearing account of the Unemployment Comp …

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… clearance only and shall not become part of such Fund. After clearance, the moneys shall be deposited in the Special Administration Fund of the Department of Labor. All moneys in this Fund shall be prudently invested to the credit of this Fund, admi …

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… lable to the Secretary of Labor for expenditures consistent with this section. (c) Use. — The moneys in the Special Administration Fund may be used by the Department for: (5) The payment of interest on advances from the federal government for unempl …

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… ll supplemental assessments, interest, and penalties collected under this section shall be deposited in the Special Administration Fund of the Department of Labor and shall be used only for the purposes set forth in paragraphs (c)(1), (c)(3), (c)(5 …

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