ETA Unified Agenda - [Proposed Rule Stage]

Title: Federal-State Unemployment Compensation Program; Funding Goals for Interest-Free Advances 

Abstract: Under title XII of the Social Security Act (42 U.S.C. 1321 et seq), States may, when needed, obtain repayable advances from the Federal unemployment account in the Unemployment Trust Fund to pay State unemployment compensation benefits. States may be exempted from the requirement to pay interest on these advances under certain conditions, including the condition that the “State meets funding goals” established by the Secretary of Labor in regulations. The regulation would establish these funding goals. 

Agency: Department of Labor(DOL) 

Priority: Other Significant 

RIN Status: Previously published in the Unified Agenda 

Agenda Stage of Rulemaking: Proposed Rule Stage 

Major: No 

Unfunded Mandates: No 

CFR Citation: None (To search for a specific CFR, visit the Code of Federal Regulations.) 

Legal Authority: 42 USC 1322(b)(2)(C); Secretary Order No. 3-2007 April 3, 2007 (72 FR 15907) 

Legal Deadline:  None

Timetable:

Action	Date	FR Cite
NPRM	11/00/2008

Regulatory Flexibility Analysis Required: No 

Government Levels Affected: State 

Small Entities Affected: No 

Federalism: No 

Included in the Regulatory Plan: No 

RIN Data Printed in the FR: No 

Agency Contact:
Ronald Wilus
Chief, Division of Fiscal and Actuarial Services
Department of Labor
Employment and Training Administration
200 Constitution Avenue NW, FP Building, Rm S-4231,
Washington, DC 20210
Phone:202 693-2931
Email: wilus.ronald@dol.gov