State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-96 > 96-13

        96.13  FUNDS.
         1.  Special fund.  There is hereby created in the state
      treasury a special fund to be known as the "Employment Security
      Administration Fund".  All moneys which are deposited or paid into
      this fund are hereby appropriated and made available to the
      department.  All moneys in this fund, except money received pursuant
      to section 96.9, subsection 4, which are received from the federal
      government or any agency thereof or which are appropriated by the
      state for the purposes described in section 96.12 shall be expended
      solely for the purposes and in the amounts found necessary by the
      secretary of labor for the proper and efficient administration of
      this chapter.  This fund shall consist of all moneys appropriated by
      this state, and all moneys received from the United States, or any
      agency thereof, including the department of labor, the railroad
      retirement board, the United States employment service, established
      under the Wagner-Peyser Act, or from any other source for such
      purpose.  Moneys received from the railroad retirement board, or any
      other agency, as compensation for services or facilities supplied to
      said board or agency shall be paid to the department, and the
      department shall allocate said moneys to the employment security
      administration fund.  All moneys in this fund shall be deposited,
      administered, and disbursed, in the same manner and under the same
      conditions and requirements as is provided by law for special funds
      in the state treasury.  Any balances in this fund shall not lapse at
      any time, but shall be continuously available to the department for
      expenditure consistent with this chapter.  The state treasurer shall
      give a separate and additional bond conditioned upon the faithful
      performance of the treasurer's duties in connection with the
      employment security administration fund in an amount and with such
      sureties as shall be fixed and approved by the governor.  The
      premiums for such bond and the premiums for the bond given by the
      treasurer of the unemployment compensation fund under section 96.9,
      shall be paid from the moneys in the employment security
      administration fund.  Notwithstanding any provision of this section,
      all money requisitioned and deposited in this fund pursuant to
      section 96.9, subsection 4, paragraph "b", shall remain part of
      the unemployment compensation fund and shall be used only in
      accordance with the conditions specified in section 96.9, subsection
      4.
         2.  Replenishment of lost funds.  If any moneys received after
      June 30, 1941, from the social security board under Title III of the
      Social Security Act, or any unencumbered balances in the unemployment
      compensation administration fund as of that date, or any moneys
      granted after that date to this state pursuant to the provisions of
      the Wagner-Peyser Act, or any moneys made available by this state or
      its political subdivisions and matched by such moneys granted to this
      state pursuant to the provisions of the Wagner-Peyser Act, are found
      by the social security board, because of any action or contingency,
      to have been lost or been expended for purposes other than or in
      amounts in excess of, those found necessary by the social security
      board for the proper administration of this chapter, it is the policy
      of this state that such moneys shall be replaced by moneys
      appropriated for such purpose from the general funds of this state to
      the unemployment compensation administration fund for expenditure as
      provided in subsection 1 of this section.  Upon receipt of notice of
      such a finding by the social security board, the department shall
      promptly report the amount required for such replacement to the
      governor and the governor shall at the earliest opportunity, submit
      to the legislature a request for the appropriation of such amount.
      This subsection shall not be construed to relieve this state of its
      obligation with respect to funds received prior to July 1, 1941,
      pursuant to the provisions of Title III of the Social Security Act.
         3.  Special employment security contingency fund.
         a. (1)  There is created in the state treasury a special fund
      to be known as the special employment security contingency fund.  All
      interest, fines, and penalties, regardless of when they become
      payable, collected from employers under section 96.14 shall be paid
      into the fund.  The moneys shall not be expended or available for
      expenditure in any manner which would permit their substitution for
      federal funds which would in the absence of the moneys be available
      to finance expenditures for the administration of the department.
      However, the moneys may be used as a revolving fund to cover
      expenditures for which federal funds have been duly requested but not
      yet received, subject to the charging of the expenditures against the
      funds when received.  The moneys may be used for the payment of costs
      of administration which are found not to have been properly and
      validly chargeable against federal grants or other funds, received
      for the department.  The moneys in the fund are specifically made
      available to replace, within a reasonable time, any moneys received
      by this state in the form of grants from the federal government for
      administrative expenses which because of any action or contingency
      have been expended for purposes other than, or in excess of, those
      necessary for the proper administration of the department.  All
      moneys in the fund shall be deposited, administered, and disbursed in
      the same manner and under the same conditions and requirements as are
      provided by law for other special funds in the state treasury.
      Interest earned upon moneys in the fund shall be deposited in and
      credited to the fund.
         (2)  The treasurer of state shall be the custodian of the fund and
      shall give a separate and additional bond conditioned upon the
      faithful performance of the treasurer's duties in connection with the
      fund in an amount and with sureties as shall be fixed and approved by
      the governor.  The premium for the bond shall be paid from the moneys
      in the fund.  All sums recovered on the bond for losses sustained by
      the fund shall be deposited in the fund.  Refunds of interest and
      penalties shall be paid only from the fund.
         (3)  Balances to the credit of the fund shall not lapse at any
      time but shall continuously be available to the department for
      expenditures consistent with this subsection.  Moneys remaining in
      the fund at the end of each fiscal year shall not revert to any fund
      and shall remain in the fund.
         b.  The department shall annually report to the joint economic
      development appropriations subcommittee on its plans for expenditures
      during the next state fiscal year from the special employment
      security contingency fund.  The report shall describe the specific
      expenditures and explain why the expenditures are to be made from the
      fund and not from federal administrative funds.
         c.  The department may appear before the executive council and
      request funds to meet unanticipated emergencies.  
         Section History: Early Form
         [C39, § 1551.19; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,
      81, § 96.13; 82 Acts, ch 1126, § 2] 
         Section History: Recent Form
         84 Acts, ch 1204, § 1--3; 86 Acts, ch 1209, § 2; 91 Acts, ch 45,
      §10; 92 Acts, ch 1242, § 19; 96 Acts, ch 1186, § 23; 98 Acts, ch
      1074, § 10; 2008 Acts, ch 1032, § 201
         Referred to in § 96.17

State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-96 > 96-13

        96.13  FUNDS.
         1.  Special fund.  There is hereby created in the state
      treasury a special fund to be known as the "Employment Security
      Administration Fund".  All moneys which are deposited or paid into
      this fund are hereby appropriated and made available to the
      department.  All moneys in this fund, except money received pursuant
      to section 96.9, subsection 4, which are received from the federal
      government or any agency thereof or which are appropriated by the
      state for the purposes described in section 96.12 shall be expended
      solely for the purposes and in the amounts found necessary by the
      secretary of labor for the proper and efficient administration of
      this chapter.  This fund shall consist of all moneys appropriated by
      this state, and all moneys received from the United States, or any
      agency thereof, including the department of labor, the railroad
      retirement board, the United States employment service, established
      under the Wagner-Peyser Act, or from any other source for such
      purpose.  Moneys received from the railroad retirement board, or any
      other agency, as compensation for services or facilities supplied to
      said board or agency shall be paid to the department, and the
      department shall allocate said moneys to the employment security
      administration fund.  All moneys in this fund shall be deposited,
      administered, and disbursed, in the same manner and under the same
      conditions and requirements as is provided by law for special funds
      in the state treasury.  Any balances in this fund shall not lapse at
      any time, but shall be continuously available to the department for
      expenditure consistent with this chapter.  The state treasurer shall
      give a separate and additional bond conditioned upon the faithful
      performance of the treasurer's duties in connection with the
      employment security administration fund in an amount and with such
      sureties as shall be fixed and approved by the governor.  The
      premiums for such bond and the premiums for the bond given by the
      treasurer of the unemployment compensation fund under section 96.9,
      shall be paid from the moneys in the employment security
      administration fund.  Notwithstanding any provision of this section,
      all money requisitioned and deposited in this fund pursuant to
      section 96.9, subsection 4, paragraph "b", shall remain part of
      the unemployment compensation fund and shall be used only in
      accordance with the conditions specified in section 96.9, subsection
      4.
         2.  Replenishment of lost funds.  If any moneys received after
      June 30, 1941, from the social security board under Title III of the
      Social Security Act, or any unencumbered balances in the unemployment
      compensation administration fund as of that date, or any moneys
      granted after that date to this state pursuant to the provisions of
      the Wagner-Peyser Act, or any moneys made available by this state or
      its political subdivisions and matched by such moneys granted to this
      state pursuant to the provisions of the Wagner-Peyser Act, are found
      by the social security board, because of any action or contingency,
      to have been lost or been expended for purposes other than or in
      amounts in excess of, those found necessary by the social security
      board for the proper administration of this chapter, it is the policy
      of this state that such moneys shall be replaced by moneys
      appropriated for such purpose from the general funds of this state to
      the unemployment compensation administration fund for expenditure as
      provided in subsection 1 of this section.  Upon receipt of notice of
      such a finding by the social security board, the department shall
      promptly report the amount required for such replacement to the
      governor and the governor shall at the earliest opportunity, submit
      to the legislature a request for the appropriation of such amount.
      This subsection shall not be construed to relieve this state of its
      obligation with respect to funds received prior to July 1, 1941,
      pursuant to the provisions of Title III of the Social Security Act.
         3.  Special employment security contingency fund.
         a. (1)  There is created in the state treasury a special fund
      to be known as the special employment security contingency fund.  All
      interest, fines, and penalties, regardless of when they become
      payable, collected from employers under section 96.14 shall be paid
      into the fund.  The moneys shall not be expended or available for
      expenditure in any manner which would permit their substitution for
      federal funds which would in the absence of the moneys be available
      to finance expenditures for the administration of the department.
      However, the moneys may be used as a revolving fund to cover
      expenditures for which federal funds have been duly requested but not
      yet received, subject to the charging of the expenditures against the
      funds when received.  The moneys may be used for the payment of costs
      of administration which are found not to have been properly and
      validly chargeable against federal grants or other funds, received
      for the department.  The moneys in the fund are specifically made
      available to replace, within a reasonable time, any moneys received
      by this state in the form of grants from the federal government for
      administrative expenses which because of any action or contingency
      have been expended for purposes other than, or in excess of, those
      necessary for the proper administration of the department.  All
      moneys in the fund shall be deposited, administered, and disbursed in
      the same manner and under the same conditions and requirements as are
      provided by law for other special funds in the state treasury.
      Interest earned upon moneys in the fund shall be deposited in and
      credited to the fund.
         (2)  The treasurer of state shall be the custodian of the fund and
      shall give a separate and additional bond conditioned upon the
      faithful performance of the treasurer's duties in connection with the
      fund in an amount and with sureties as shall be fixed and approved by
      the governor.  The premium for the bond shall be paid from the moneys
      in the fund.  All sums recovered on the bond for losses sustained by
      the fund shall be deposited in the fund.  Refunds of interest and
      penalties shall be paid only from the fund.
         (3)  Balances to the credit of the fund shall not lapse at any
      time but shall continuously be available to the department for
      expenditures consistent with this subsection.  Moneys remaining in
      the fund at the end of each fiscal year shall not revert to any fund
      and shall remain in the fund.
         b.  The department shall annually report to the joint economic
      development appropriations subcommittee on its plans for expenditures
      during the next state fiscal year from the special employment
      security contingency fund.  The report shall describe the specific
      expenditures and explain why the expenditures are to be made from the
      fund and not from federal administrative funds.
         c.  The department may appear before the executive council and
      request funds to meet unanticipated emergencies.  
         Section History: Early Form
         [C39, § 1551.19; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,
      81, § 96.13; 82 Acts, ch 1126, § 2] 
         Section History: Recent Form
         84 Acts, ch 1204, § 1--3; 86 Acts, ch 1209, § 2; 91 Acts, ch 45,
      §10; 92 Acts, ch 1242, § 19; 96 Acts, ch 1186, § 23; 98 Acts, ch
      1074, § 10; 2008 Acts, ch 1032, § 201
         Referred to in § 96.17

State Codes and Statutes

State Codes and Statutes

Statutes > Iowa > Title-3 > Subtitle-2 > Chapter-96 > 96-13

        96.13  FUNDS.
         1.  Special fund.  There is hereby created in the state
      treasury a special fund to be known as the "Employment Security
      Administration Fund".  All moneys which are deposited or paid into
      this fund are hereby appropriated and made available to the
      department.  All moneys in this fund, except money received pursuant
      to section 96.9, subsection 4, which are received from the federal
      government or any agency thereof or which are appropriated by the
      state for the purposes described in section 96.12 shall be expended
      solely for the purposes and in the amounts found necessary by the
      secretary of labor for the proper and efficient administration of
      this chapter.  This fund shall consist of all moneys appropriated by
      this state, and all moneys received from the United States, or any
      agency thereof, including the department of labor, the railroad
      retirement board, the United States employment service, established
      under the Wagner-Peyser Act, or from any other source for such
      purpose.  Moneys received from the railroad retirement board, or any
      other agency, as compensation for services or facilities supplied to
      said board or agency shall be paid to the department, and the
      department shall allocate said moneys to the employment security
      administration fund.  All moneys in this fund shall be deposited,
      administered, and disbursed, in the same manner and under the same
      conditions and requirements as is provided by law for special funds
      in the state treasury.  Any balances in this fund shall not lapse at
      any time, but shall be continuously available to the department for
      expenditure consistent with this chapter.  The state treasurer shall
      give a separate and additional bond conditioned upon the faithful
      performance of the treasurer's duties in connection with the
      employment security administration fund in an amount and with such
      sureties as shall be fixed and approved by the governor.  The
      premiums for such bond and the premiums for the bond given by the
      treasurer of the unemployment compensation fund under section 96.9,
      shall be paid from the moneys in the employment security
      administration fund.  Notwithstanding any provision of this section,
      all money requisitioned and deposited in this fund pursuant to
      section 96.9, subsection 4, paragraph "b", shall remain part of
      the unemployment compensation fund and shall be used only in
      accordance with the conditions specified in section 96.9, subsection
      4.
         2.  Replenishment of lost funds.  If any moneys received after
      June 30, 1941, from the social security board under Title III of the
      Social Security Act, or any unencumbered balances in the unemployment
      compensation administration fund as of that date, or any moneys
      granted after that date to this state pursuant to the provisions of
      the Wagner-Peyser Act, or any moneys made available by this state or
      its political subdivisions and matched by such moneys granted to this
      state pursuant to the provisions of the Wagner-Peyser Act, are found
      by the social security board, because of any action or contingency,
      to have been lost or been expended for purposes other than or in
      amounts in excess of, those found necessary by the social security
      board for the proper administration of this chapter, it is the policy
      of this state that such moneys shall be replaced by moneys
      appropriated for such purpose from the general funds of this state to
      the unemployment compensation administration fund for expenditure as
      provided in subsection 1 of this section.  Upon receipt of notice of
      such a finding by the social security board, the department shall
      promptly report the amount required for such replacement to the
      governor and the governor shall at the earliest opportunity, submit
      to the legislature a request for the appropriation of such amount.
      This subsection shall not be construed to relieve this state of its
      obligation with respect to funds received prior to July 1, 1941,
      pursuant to the provisions of Title III of the Social Security Act.
         3.  Special employment security contingency fund.
         a. (1)  There is created in the state treasury a special fund
      to be known as the special employment security contingency fund.  All
      interest, fines, and penalties, regardless of when they become
      payable, collected from employers under section 96.14 shall be paid
      into the fund.  The moneys shall not be expended or available for
      expenditure in any manner which would permit their substitution for
      federal funds which would in the absence of the moneys be available
      to finance expenditures for the administration of the department.
      However, the moneys may be used as a revolving fund to cover
      expenditures for which federal funds have been duly requested but not
      yet received, subject to the charging of the expenditures against the
      funds when received.  The moneys may be used for the payment of costs
      of administration which are found not to have been properly and
      validly chargeable against federal grants or other funds, received
      for the department.  The moneys in the fund are specifically made
      available to replace, within a reasonable time, any moneys received
      by this state in the form of grants from the federal government for
      administrative expenses which because of any action or contingency
      have been expended for purposes other than, or in excess of, those
      necessary for the proper administration of the department.  All
      moneys in the fund shall be deposited, administered, and disbursed in
      the same manner and under the same conditions and requirements as are
      provided by law for other special funds in the state treasury.
      Interest earned upon moneys in the fund shall be deposited in and
      credited to the fund.
         (2)  The treasurer of state shall be the custodian of the fund and
      shall give a separate and additional bond conditioned upon the
      faithful performance of the treasurer's duties in connection with the
      fund in an amount and with sureties as shall be fixed and approved by
      the governor.  The premium for the bond shall be paid from the moneys
      in the fund.  All sums recovered on the bond for losses sustained by
      the fund shall be deposited in the fund.  Refunds of interest and
      penalties shall be paid only from the fund.
         (3)  Balances to the credit of the fund shall not lapse at any
      time but shall continuously be available to the department for
      expenditures consistent with this subsection.  Moneys remaining in
      the fund at the end of each fiscal year shall not revert to any fund
      and shall remain in the fund.
         b.  The department shall annually report to the joint economic
      development appropriations subcommittee on its plans for expenditures
      during the next state fiscal year from the special employment
      security contingency fund.  The report shall describe the specific
      expenditures and explain why the expenditures are to be made from the
      fund and not from federal administrative funds.
         c.  The department may appear before the executive council and
      request funds to meet unanticipated emergencies.  
         Section History: Early Form
         [C39, § 1551.19; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,
      81, § 96.13; 82 Acts, ch 1126, § 2] 
         Section History: Recent Form
         84 Acts, ch 1204, § 1--3; 86 Acts, ch 1209, § 2; 91 Acts, ch 45,
      §10; 92 Acts, ch 1242, § 19; 96 Acts, ch 1186, § 23; 98 Acts, ch
      1074, § 10; 2008 Acts, ch 1032, § 201
         Referred to in § 96.17