(a) State unemployment compensation laws are approved and certified
as provided in section 3304 of the Internal Revenue Code of 1954;
findings are made regarding reduced rates permitted by a State law
(section 3303(a) of the Internal Revenue Code of 1954) and such laws are
certified as provided in section 3303(b) of the Internal Revenue Code of
1954; findings are made regarding the inclusion of specified provisions
(section 303(a) of the Social Security Act) in State laws approved under
section 3304(a) of the Internal Revenue Code of 1954; findings are made
whether the States have accepted the provisions of the Wagner-Peyser Act
and whether their plans of operation for public employment offices
comply with the provisions of said Act.
(b) Normal and additional tax credit is given to taxpayers against
taxes imposed by section 3301 of the Internal Revenue Code of 1954.
(c) Grants of funds are made to States for administration of their
employment security laws if their unemployment compensation laws and
their plans of operation for public employment offices meet required
conditions of Federal law. (Section 303(a) of the Social Security Act;
section 3304(a) of the Internal Revenue Code of 1954; sections 6, 7, and
8 of the Wagner-Peyser Act.)
(d) As used throughout this Part, the terms ``Secretary'' or
``Secretary of Labor'' shall refer to the Secretary of Labor, U.S.
Department of Labor, or his or her designee.
[15 FR 5886, Aug. 31, 1950; 23 FR 1267, Mar. 1, 1958, as amended at 61
FR 19983, May 3, 1996]
