California Unemployment Insurance Code

§ 980

UIC § 980Div. 1 · Part 1 · Ch. 4 · Art. 3

Statute text

(a)In determining the balance in the Unemployment Fund for the purpose of Sections 977 and 977.5, there shall be excluded all of the following:

(1)Any amount credited to this state’s account in the Unemployment Trust Fund pursuant to Section 903 of the federal Social Security Act, as amended, which has been appropriated for expenses of administration other than for capital assets, whether or not that amount has been withdrawn from that fund.

(2)Any unexpended advance from the federal unemployment account in the Unemployment Trust Fund received in accordance with Section 323 of this division and Title XII of the federal Social Security Act, as amended.

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Legislative history

Amended by Stats. 1989, Ch. 1146, Sec. 6.