KRS 341.595: Governor to apply for advances from federal unemployment account and

request cap on Federal Unemployment Tax Act credit reduction.

(1) The Governor is hereby authorized to apply for advances to the credit of this state's

account in the unemployment tr ust fund from the federal unemployment account in

such fund as provided for in Title XII of the Social Security Act when the balance

of this state's account requires such action.

(2) If eligible under federal law, the Governor shall make application in 201 3 and in

subsequent calendar years to the secretary of the United States Department of Labor

to request a cap on any Federal Unemployment Tax Act, 26 U.S.C. secs. 3301 to

3311, credit reduction.