{"data":{"id":"us-ky/krs-341.611","jurisdiction":"us-ky","citation":"KRS 341.611","heading":"Payment of interest on advances -- Surcharge under KRS 341.614 on","body":"contributing employers.\n(1) Any interest required to be paid on advances under Title XII of the Social Security\nAct shall be paid in a timely manner and shall not be paid directly or in directly, by\nan equivalent reduction in unemployment contributions or otherwise, by the state\nunemployment insurance fund.\n(2) Such interest and the repayment of money, including any interest thereon, received\nfrom any source related to the payment of inte rest on advances under Title XII of\nthe Social Security Act shall be paid by the penalty and interest account as required\nby KRS 341.295.\n(3) In the event there are insufficient funds in the unemployment compensation\nadministration fund to pay the interest  on such advances under Title XII of the\nSocial Security Act or the repayment of money, including any interest thereon,\nreceived from any source related to the payment of interest on such advances, all\nsubject contributing employers shall be assessed a sur charge as provided in KRS\n341.614.","path":["KRS Chapter 341"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=39985","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:29Z","sha256":"3dc325ac19e06501fbd03067129df40c4901ca10a3df90953e92801e8600f3c8","source_id":"us-ky","stale":false,"prev":"us-ky/krs-341.610","next":"us-ky/krs-341.612"},"notice":"GroundRules: Original legal text. Not legal advice."}