Texas Labor Code

§ 203.101 — LIMIT ON APPLICATION FOR ADVANCE

LA § 203.101Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 203. FINANCING AND FUNDS · Art. C. ADVANCES FROM FEDERAL TRUST FUND AND OBLIGATION ASSESSMENT

Statute text

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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.

Legislative history

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