The Commission is authorized and directed to replace in the Unemployment Compensation Administration Fund, within a reasonable time, out of any funds appropriated by the General Assembly for such purpose, any moneys received by the Commission pursuant to the provisions of § 302 of the Social Security Act (42 U.S.C. § 502), which because of any action or contingency (i) are lost or (ii) are expended for purposes other than, or in amounts in excess of those found necessary by the Secretary of Labor of the United States for the proper administration of this title. The Commission is directed to report to the Governor in accordance with the provisions of subdivision 3 of § 2.2-1501 the amount necessary to make such replacement to the Unemployment Compensation Administration Fund. The Governor shall include in the budget reported to the General Assembly and in the budget bill submitted under § 2.2-1508 the amount necessary to be appropriated for such purposes.
Code 1950, § 60-98; 1956, c. 440; 1968, c. 738, § 60.1-115; 1986, c. 480.
Structure Code of Virginia
Title 60.2 - Unemployment Compensation
§ 60.2-300. Fund continued; accounts maintained
§ 60.2-301. Clearing account; payment to credit of federal Unemployment Trust Fund
§ 60.2-302. Benefit account; requisitions from federal Unemployment Trust Fund
§ 60.2-303. Moneys appropriated to Commission
§ 60.2-304. Disbursements by State Treasurer upon warrants of Comptroller
§ 60.2-305. Requisition or use of money credited to Commonwealth in Unemployment Trust Fund
§ 60.2-306. Fund continued; available to Commission
§ 60.2-307. Moneys constituting fund
§ 60.2-308. Expenditures solely for cost of administration
§ 60.2-309. Special employment service account
§ 60.2-311. Replacing funds lost or expended for unnecessary purposes
§ 60.2-312. Disbursements by State Treasurer upon warrants of Comptroller
§ 60.2-313. Expenses incurred by Auditor of Public Accounts, Comptroller and State Treasurer
§ 60.2-314. Fund continued; interest and penalties paid into fund
§ 60.2-315. Proper expenditures from fund
§ 60.2-316. Disbursements by State Treasurer upon warrants of Comptroller
§ 60.2-317. Moneys in fund continuously available to Commission