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Session Laws, 1957
Volume 640, Page 504   View pdf image (33K)
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504                                  Laws of Maryland                          [Ch. 389

Unemployment Trust Fund pursuant to Section 903 of the Social
Security Act, as amended;
and [(6)] (7) all other moneys received
for the fund from any other source. All moneys in the fund shall foe
mingled and undivided.

9(c) Withdrawals.

(1)  Moneys shall be requisitioned from this State's account in the
Unemployment Trust Fund solely for the payment of benefits and
for the payment of refunds pursuant to Sections 14 (b) and 19 (g)
(7) (B) and in accordance with regulation prescribed by the Board[.]
, except that money credited to this State's account pursuant to Section
90S of the Social Security Act, as amended, shall be used exclusively
as provided in Section 9(d)(2).
The Board shall from time to time
requisition from the Unemployment Trust Fund such amounts, not
exceeding the amounts standing to its account thereof, as it deems
necessary for the payment of such benefits and refunds for a reason-
able future period. Upon receipt thereof the Treasurer shall deposit
such moneys in the benefit account for the payment of benefits and
refunds solely from such benefit account.

(2)  Any balance of moneys requisitioned from the Unemployment
Trust Fund which remains unclaimed or unpaid in the benefit
account after the expiration of the period for which such sums were
requisitioned shall either be deducted from estimates for, and may
be utilized for the payment of, benefits and refunds during succeed-
ing periods, or, in the discretion of the Board, shall be redeposited
with the Secretary of the Treasury of the United States of America,
to the credit of this State's account in the Unemployment Trust
Fund, as provided in sub-section (b) of this section.

(3)  Expenditures of such moneys in the benefit account and re-
funds from the clearing account shall not be subject to any provisions
of law requiring specific appropriations or other formal release by
State officers of money in their custody. All checks issued by the
Treasurer for the payment of benefits and refunds shall bear the
signature, or facsimile signature, of the Treasurer, and be counter-
signed by the duly authorized agent or agents, of the Board; and all
such checks shall be issued only upon the warrant of the Board
signed by at least one of the members of said Board.

9(d) Administrative Use.

(1) Money credited to the account of this State in the Unemploy-
ment 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 Act pursuant to a
specific appropriation by the Legislature, provided that the expenses
are incurred and the money is requisitioned after the enactment of
an appropriation law which:

(A)  specifies the purposes for which such money is appropriated
and the amounts appropriated therefor.

(B)  limits the period within which such money may be expended
to a period ending not more than two years after the date of the
enactment of the appropriation law, and


 

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Session Laws, 1957
Volume 640, Page 504   View pdf image (33K)
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