LIMIT ON APPLICATION FOR ADVANCE

Labor Code

Section: 203.101

Jurisdiction: TX

Bluebook Citation: Tex. Lab. Code § 203.101

Sec. 203.101. LIMIT ON APPLICATION FOR ADVANCE. In any application for an advance from the federal trust fund (Section 1201, Social Security Act (42 U.S.C. Section 1321)), the governor shall limit the amount of the application to an amount that, when added to previous advances, does not exceed the amount for which principal and interest may be paid from taxes on employers. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.

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