Unemployment Trust Fund Accountability Act

I 118TH CONGRESS 1ST SESSION H. R. 3745 To direct each State with an outstanding balance in excess of $1,000,000,000, as of January 1, 2023, of advances from the Federal unemployment account to submit to the Secretary of Labor a report detailing how such State intends to repay such advances. IN THE HOUSE OF REPRESENTATIVES MAY 26, 2023 Mr. WILLIAMS of New York (for himself and Mr. ISSA) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To direct each State with an outstanding balance in excess of $1,000,000,000, as of January 1, 2023, of advances from the Federal unemployment account to submit to the Secretary of Labor a report detailing how such State intends to repay such advances. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Unemployment Trust 4 Fund Accountability Act’’. 5 VerDate Sep 11 2014 20:33 Jun 19, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3745.IH H3745 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •HR 3745 IH SEC. 2. STATE REPORT ON REPAYMENT OF DEBTS TO UN- 1 EMPLOYMENT TRUST FUND. 2 Not later than 90 days after the date of enactment 3 of this Act, each State with an outstanding balance in ex- 4 cess of $1,000,000,000, as of January 1, 2023, of ad- 5 vances from the Federal unemployment account in the 6 Unemployment Trust Fund under section 1201 of the So- 7 cial Security Act (42 U.S.C. 1321) shall submit to Con- 8 gress and the Secretary of Labor a report detailing how 9 such State intends to repay such advances. 10 Æ VerDate Sep 11 2014 20:33 Jun 19, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H3745.IH H3745 pbinns on DSKJLVW7X2PROD with $$_JOB