Sec. 203.025. USE OF REQUISITIONED MONEY. (a) The commission shall direct the administration of the compensation fund exclusively for the purposes of this subtitle.
(b) Money requisitioned from this state's account in the federal trust fund may be used only for the payment of benefits or for refunds as provided by Sections 203.023, 203.026, 203.027, and 203.203 and by Subchapter B, Chapter 210, and Subchapter E, Chapter 213 except that money credited to this state's account as provided by Section 903, Social Security Act (42 U.S.C. Section 1103), may be requisitioned and used by the commission only to the extent and under the conditions prescribed by that section.
(c) Notwithstanding Subsections (a) and (b) or any other provision of this subtitle or other law, the commission, under an agreement with or waiver by the United States secretary of labor, may use money requisitioned from this state's account in the federal trust fund to conduct demonstration projects for the reemployment of unemployed individuals in the manner prescribed by that agreement or waiver and consistent with any applicable requirements under federal law. The commission shall provide to the legislative standing committees with primary jurisdiction over the commission any evaluation reports required by the United States Department of Labor for a reemployment demonstration project.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1300 (H.B. 3005), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Title 4 - Employment Services and Unemployment
Subtitle A - Texas Unemployment Compensation Act
Chapter 203 - Financing and Funds
Subchapter B. Unemployment Compensation Fund
Section 203.021. Unemployment Compensation Fund; Separate Accounts
Section 203.022. Composition and Use of Clearing Account
Section 203.023. Requisitions From Federal Trust Fund; Benefit Account
Section 203.025. Use of Requisitioned Money
Section 203.026. Accounts From Which Benefits and Refunds Are Paid
Section 203.027. Unexpended Balance of Benefit Account
Section 203.028. Solvency of Compensation Fund; Reserve
Section 203.029. Refund of Contributions to Federal Instrumentality
Section 203.030. Reimbursement From or to Compensation Fund Under Reciprocal Arrangement
Section 203.031. Nonliability of State
Section 203.032. Management of Compensation Fund on Discontinuance of Federal Trust Fund