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§ 4-608. Reed Act distributions

Oklahoma Statutes AnnotatedTitle 40. Labor

Oklahoma Statutes Annotated
Title 40. Labor
Chapter 1. Employment Security Act of 1980 (Refs & Annos)
Article 4. Administration
Part 6. Employment Security Administration Fund
40 Okl.St.Ann. § 4-608
§ 4-608. Reed Act distributions
REED ACT DISTRIBUTIONS.
A. Monies credited to the account of this state in the Unemployment Trust Fund, described in Section 3-605 of this title, by the Secretary of the Treasury of the United States pursuant to 42 U.S.C., Section 1103, may be used for the payment of unemployment benefits to qualified claimants in this state, or may be appropriated by the Legislature following the procedure set out in 42 U.S.C., Section 1103 (c)(2), for the administration of the unemployment compensation law and public employment offices in this state.
B. Monies credited to the account of this state in the Unemployment Trust Fund, described in Section 3-605 of this title, by the Secretary of the Treasury of the United States pursuant to 42 U.S.C., Section 1103, with respect to federal fiscal years 1999, 2000, and 2001, shall be used solely for the administration of the Unemployment Compensation Program in this state.

Credits

Laws 1998, c. 161, § 13, eff. July 1, 1998; Laws 2002, c. 452, § 28, eff. Nov. 1, 2002.
40 Okl. St. Ann. § 4-608, OK ST T. 40 § 4-608
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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