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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The commission periodically shall requisition from the federal trust fund amounts the commission considers necessary for the payment of benefits and refunds for a reasonable period. The commission may not requisition an amount exceeding the balance of this state's account in the federal trust fund.
(b) The benefit account is composed of money requisitioned from this state's account in the federal trust fund.
(c) On receipt of money requisitioned from the federal trust fund, the comptroller shall deposit it in the benefit account.
Cite this article: FindLaw.com - Texas Labor Code - LAB § 203.023. Requisitions From Federal Trust Fund; Benefit Account - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-203-023/
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