Texas Labor Code

§ 203.027 — UNEXPENDED BALANCE OF BENEFIT ACCOUNT

LA § 203.027Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 203. FINANCING AND FUNDS · Art. B. UNEMPLOYMENT COMPENSATION FUND

Statute text

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Money requisitioned from the federal trust fund that remains unclaimed or unpaid in the benefit account after the end of the period for which the money was requisitioned shall be, in the commission's discretion:

(1)deducted from an estimate for the succeeding periods and used to pay benefits and refunds in those periods; or

(2)redeposited in the federal trust fund as provided by Section 203.022.

Legislative history

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.