15 USC 9027 - Temporary financing of short-time compensation agreements

U.S Code last checked for updates: Nov 22, 2024

§ 9027.

Temporary financing of short-time compensation agreements

(a)

Federal-State agreements

(1)

In general

(2)

Ability to terminate

(b)

Provisions of Federal-State agreement

(1)

In general

(2)

Limitations on plans

(A)

General payment limitations

(B)

Employer limitations

(3)

Employer payment of costs

(c)

Payments to States

(1)

In general

There shall be paid to each State with an agreement under this section an amount equal to—

(A)

one-half of the amount of short-time compensation paid to individuals by the State pursuant to such agreement; and

(B)

any additional administrative expenses incurred by the State by reason of such agreement (as determined by the Secretary).

(2)

Terms of payments

(3)

Funding

(4)

Certifications

(d)

Applicability

An agreement entered into under this section shall apply to weeks of unemployment—

(1)

beginning on or after the date on which such agreement is entered into; and

(2)

ending on or before September 6, 2021.

(e)

Special rule

If a State has entered into an agreement under this section and subsequently enacts a State law providing for the payment of short-time compensation under a short-time compensation program that meets the definition of such a program under section 3306(v) of title 26, the State—

(1)

shall not be eligible for payments under this section for weeks of unemployment beginning after the effective date of such State law; and

(2)

subject to section 9026(b)(2) of this title, shall be eligible to receive payments under section 9026 of this title after the effective date of such State law.

(f)

Definitions

In this section:

(1)

Secretary

(2)

State; State agency; State law

(Pub. L. 116–136, div. A, title II, § 2109, Mar. 27, 2020, 134 Stat. 329; Pub. L. 116–260, div. N, title II, § 208, Dec. 27, 2020, 134 Stat. 1956; Pub. L. 117–2, title IX, § 9018, Mar. 11, 2021, 135 Stat. 120.)

cite as: 15 USC 9027