LD 1552
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LD 1552 Title Page An Act To Allocate a Portion of the Reed Act Distribution of 2002 To Use for th... Page 2 of 2
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LR 1856
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. Money credited to State of Maine account in Unemployment Trust Fund under
Section 903(d) of Federal Social Security Act. Money credited to the account
of the State of Maine in the Federal Unemployment Trust Fund by
the United States Secretary of the Treasury on March 13, 2002
pursuant to Section 903(d) of the Federal Social Security Act may
not be requisitioned from the State's account or used except for
the payment of benefits and for the payment of expenses incurred
for the administration of the State's unemployment compensation
law and public employment offices. Money used for the payment of
benefits is requisitioned as defined in the Maine Revised
Statutes, Title 26, section 1162. Money requisitioned and used
for the payment of expenses incurred for the administration of
the State's unemployment compensation law and public employment
offices requires a specific appropriation by the Legislature as
provided in section 2 of this Act. That use is only permissible
if the expenses are incurred and the money is requisitioned after
the effective date of a law making an appropriation law that
specifies the purposes for which the money is appropriated and
the amounts appropriated for those purposes. Any amount that may
be obligated under such an appropriation is limited to an amount
that does not exceed the amount by which the aggregate of the
amounts transferred to the account of the State of Maine pursuant
to Section 903(d) of the Federal Social Security Act exceeds the
aggregate of the amounts used by the State pursuant to this Act
and charged against the amounts transferred to the account of the
State of Maine.

 
For purposes of this section, the amounts obligated under an
appropriation for administrative purposes must be charged against
transferred amounts at the exact time the obligation is entered
into. The appropriation, obligation and expenditure or other
disposition of money appropriated under this section must be
accounted for in accordance with standards established by the
United States Secretary of Labor. Money appropriated as provided
in this Act for the payment of administration must be
requisitioned as needed for the payment of obligations incurred
under the appropriation and, upon requisition, must be deposited
in the Employment Security Administration Fund from which
payments are made. Money so deposited must, until expended,
remain a part of the unemployment fund and, if it will not be
immediately expended, must be returned promptly to the account of
the State of Maine in the Federal Unemployment Trust Fund.

 
Sec. 2. Allocation maintaining State unemployment compensation and public
employment system. There is allocated out of funds made available to
the State under Section 903(d) of the Federal Social Security


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