50-7-506 - Unemployment trust fund Report to general assembly.
50-7-506. Unemployment trust fund Report to general assembly.
(a) The division of employment security shall annually develop and submit to the general assembly an unemployment trust fund balance report not later than February 1.
(b) The report shall include the unemployment trust fund balance as credited to the state's account with the United States department of treasury as of the preceding December 31.
(c) The report shall also include the projected unemployment trust fund revenues and expenditures and trust fund balances for the eighteen-month period beginning January 1, and shall be prepared and documented in accordance with sound statistical methodology. The report will be accompanied by a written explanation of the methodology.
[Acts 1983, ch. 439, § 16; 1999, ch. 520, § 41.]