Section 657.815 – Unemployment Compensation Benefit Fund.
(1) There is created, separate and distinct from the General Fund, the Unemployment Compensation Benefit Fund. Such fund shall consist of all amounts withdrawn from the Federal Unemployment Trust Fund, upon requisition of the Director of the Employment Department, except as provided in ORS 657.812. (2) This fund shall be used solely in the payment […]
Section 657.820 – Unemployment Compensation Administration Fund.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Unemployment Compensation Administration Fund, to consist of all moneys received by the state or the Director of the Employment Department for the expenses of administration of this chapter, including such proportion of total expenses of maintaining public employment offices […]
Section 657.822 – Employment Department Special Administrative Fund.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Employment Department Special Administrative Fund. The Employment Department Special Administrative Fund shall consist of moneys collected or received by the Employment Department as follows: (a) All interest collected under ORS 657.515. (b) All penalties collected pursuant to this chapter, […]
Section 657.823 – Employment Tax Guarantee Fund.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Employment Tax Guarantee Fund. The Employment Tax Guarantee Fund shall consist of: (a) Money deposits received under ORS 657.505 or 657.507; and (b) Proceeds of bonds posted under ORS 657.505 or 657.507. (2) Interest earned on the Employment Tax […]
Section 657.825 – Expenditure of federal funds; restitution of moneys lost or improperly expended.
(1) All moneys in the Unemployment Compensation Administration Fund which are received from the federal government or any agency thereof or which are appropriated by this state for the purposes described in ORS 657.820 shall be expended solely for the purposes and in the amounts found necessary by the Secretary of Labor for the proper […]
Section 657.830 – State Treasurer as custodian of funds.
(1) The State Treasurer shall be the custodian of the Unemployment Compensation Trust Fund and the Unemployment Compensation Benefit Fund. (2) After clearance thereof, the State Treasurer immediately shall deposit all moneys specified in ORS 657.805 which are received from all sources as an accretion to the Unemployment Compensation Trust Fund, with the Secretary of […]
Section 657.840 – Federal Advance Interest Repayment Fund; assessment of tax; applicability.
(1) On the first day of the third month of a calendar quarter the Director of the Employment Department shall: (a) Estimate the interest payable, accrued through the end of the calendar quarter, on federal advances obtained under the provisions of ORS 657.807; (b) Estimate the amount of federal advance interest repayment tax receipts expected […]
Section 657.807 – Advances, under title XII of Social Security Act, to Unemployment Compensation Trust Fund.
(1) The Governor of the State of Oregon is hereby authorized in the discretion of the Governor to make necessary application to the Secretary of Labor of the United States to obtain an advance or advances pursuant to title XII of the Social Security Act, as amended. (2) The Director of the Employment Department shall […]
Section 657.810 – Deposit and use of fund.
(1) All moneys received for the Unemployment Compensation Trust Fund under ORS 657.805 shall be deposited with the State Treasurer subject to ORS 657.830. (2) All moneys in the fund shall be mingled and undivided and shall be administered by the Director of the Employment Department for the purpose of this chapter.
Section 657.812 – Use of moneys credited to Unemployment Trust Fund by Secretary of the Treasury.
(1) Money credited to the account of this state in the Unemployment Trust Fund by the Secretary of the Treasury of the United States of America pursuant to section 903 of the Social Security Act, as amended, may be requisitioned and used for the payment of expenses incurred for the administration of this chapter pursuant […]