EMPLOYMENT SECURITY ADMINISTRATION FUND APPROPRIATION

2022 Okla. Sess. Law Serv. Ch. 68 (S.B. 1087) (WEST)

2022 Okla. Sess. Law Serv. Ch. 68 (S.B. 1087) (WEST)
OKLAHOMA 2022 SESSION LAW SERVICE
Fifty-Eighth Legislature, 2022 Second Regular Session
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CHAPTER 68
S.B. No. 1087
EMPLOYMENT SECURITY ADMINISTRATION FUND APPROPRIATION
An Act relating to the Oklahoma Employment Security Commission; making appropriations; stating purposes; providing for expenditure limitations; providing an effective date; and declaring an emergency.
SUBJECT: Employment Security Administration Fund appropriation
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. There is hereby appropriated to the Employment Security Administration Fund, out of funds made available to this state by the federal Unemployment Compensation Modernization Transfer made on June 25, 2009, pursuant to Section 903(f) of the Social Security Act, 42 U.S.C., Section 1103(f), as amended, the sum of Eleven Million Dollars ($11,000,000.00) to be used by the Oklahoma Employment Security Commission for the purpose of paying the administrative expenses of the following programs in the following amounts:
1. Employer Service Program in the amount of Three Million Dollars ($3,000,000.00); and
2. Unemployment Insurance Program in the amount of Eight Million Dollars ($8,000,000.00).
The funds appropriated by this section shall be expended before December 15, 2023. Expenditures from this appropriation shall be accounted for in accordance with standards established by the United States Secretary of Labor. The Oklahoma Employment Security Commission shall utilize the appropriation made by this section in accordance with the provisions and requirements contained in the Social Security Act, Title 42 of the United States Code.
SECTION 2. This act shall become effective July 1, 2022.
SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.
Approved April 25, 2022.
End of Document