Content Last Revised: 9/26/88 ---DISCLAIMER---

CFR	Code of Federal Regulations Pertaining to ETA

Title 20

Employees' Benefits

Chapter V

Employment and Training Administration, Department of Labor

Part 606

Tax Credits Under the Federal Unemployment Tax Act; Advances Under Title XII of the Social Security Act

Subpart D

Interest on Advances

• Section Number: 606.30
• Section Name: Interest rates on advances.

    Advances made to States pursuant to title XII of the Social Security 

Act on or after April 1, 1982, shall be subject to interest payable on 

the due dates specified in Sec. 606.31.\1\ The interest rate for each 

calendar year will be 10 percent or, if less, the rate determined by the 

Secretary of the Treasury and announced to the States by the Department.

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    \1\ (Editorial note: This section will be added at a later date.)

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