For the purposes of the Acts cited and this part--
(a) Act means as appropriate the Federal Unemployment Tax Act (26
U.S.C. 3301-3311), or title XII of the Social Security Act (42 U.S.C.
1321-1324).
(b) Advance means a transfer of funds to a State unemployment fund,
for the purpose of paying unemployment compensation, from the Federal
unemployment account in the Unemployment Trust Fund, pursuant to section
1202 of the Social Security Act.
(c) Benefit-cost ratio for cap purposes for a calendar year is the
percentage obtained by dividing--
(1) The total dollar sum of--
(i) All compensation actually paid under the State law during such
calendar year, including in such total sum all regular, additional, and
extended compensation, as defined in section 205 of the Federal-State
Extended Unemployment Compensation Act of 1970, and excluding from such
total sum--
(A) Any such compensation paid for which the State is entitled to
reimbursement or was reimbursed under the provisions of any Federal Law,
and
(B) Any such compensation paid which is attributable to services
performed for a reimbursing employer, and which is not included in the
total dollar amount reported under paragraph (c)(1)(i)(A) of this
section, and
(ii) Any interest paid during such calendar year on any advance, by
(2) The total wages (as defined in Sec. 606-3(l)) with respect to
such calendard year. If any percentage determined by this computation
for a calendar year is not a multiple of 0.1 percent, such percentage
shall be reduced to the nearest multiple of 0.1 percent.
(d) Contributions means payments required by a State law to be made
into an unemployment fund by any person on account of having individuals
in his employ, to the extent that such payments are made by him without
being deducted or deductible from the remuneration of individuals in his
employ.
(e) Federal unemployment tax means the excise tax imposed under
section 3301 of the Federal Unemployment Tax Act on employers with
respect to having individuals in their employ.
(f) Fiscal year means the Federal fiscal year which begins on
October 1 of a year and ends on September 30, of the next succeeding
year.
(g) FUTA referes to the Federal Unemployment Tax Act.
(h) State unemployment fund or unemployment fund means a special
fund established under a State law for the payment of unemployment
compensation to unemployed individuals, and which is an ``unemployment
fund'' as defined in section 3306(f) of the Federal Unemployment Tax
Act.
(i) Taxable year means the calendar year.
(j) Unemployment tax rate means, for any taxable year and with
respect to any State, the percentage obtained by dividing the total
amount of contributions paid into the State unemployment fund with
respect to such taxable year by total wages as defined in Sec. 606.3(l).
(k) Wages, taxable means the total sum of remuneration which is
subject to contributions under a State law.
(l) Wages, total means the total sum of all remuneration covered by
a State law, disregarding any dollar limitation on the amount of
remuneration which is subject to contributions under the State law.
