The Florida Senate

443.201  Unemployment Compensation Trust Fund to be sole source of benefits; nonliability of state.--

(1)  The Unemployment Compensation Trust Fund established by this chapter shall be the sole and exclusive source for the payment of benefits payable hereunder, and such benefits shall be deemed to be due and payable only to the extent that contributions, with increments thereon, actually collected and credited to the fund and not otherwise appropriated or allocated, are available therefor. The state undertakes the administration of such fund without any liability on the part of the state beyond the amount of moneys received from the Bureau of Employment Security or other federal agency.

(2)  Any interest required to be paid on advances under Title XII of the Social Security Act shall be paid in a timely manner and shall not be paid, directly or indirectly by an equivalent reduction in state unemployment taxes or otherwise, from amounts in the Unemployment Compensation Trust Fund.

History.--s. 23, ch. 18402, 1937; CGL 1940 Supp. 4151(506); s. 13, ch. 29771, 1955; s. 2, ch. 61-119; ss. 6, 8, 9, ch. 80-95; s. 3, ch. 84-40.

Note.--Former s. 443.19.