Sec. 203.101. LIMIT ON APPLICATION FOR ADVANCE. In any application for an advance from the federal trust fund (Section 1201, Social Security Act (42 U.S.C. Section 1321)), the governor shall limit the amount of the application to an amount that, when added to previous advances, does not exceed the amount for which principal and interest may be paid from taxes on employers.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Title 4 - Employment Services and Unemployment
Subtitle A - Texas Unemployment Compensation Act
Chapter 203 - Financing and Funds
Subchapter C. Advances From Federal Trust Fund and Obligation Assessment
Section 203.101. Limit on Application for Advance
Section 203.102. Obligation Trust Fund
Section 203.104. Limitation on Transfer From Obligation Trust Fund to Compensation Fund