{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/60.2-301.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/60.2-301.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/60.2-301.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/60.2-301.html"}],"law_id":84867,"edition_id":1,"section_id":84867,"structure_id":13663,"section_number":"60.2-301","catch_line":"Clearing account; payment to credit of federal Unemployment Trust Fund","history":"Code 1950, \u00a7 60-91; 1968, c. 738, \u00a7 60.1-107; 1986, c. 480; 1993, c. 249; 1995, c. 515.","full_text":"All taxes and other moneys required by this title to be paid to the Unemployment Compensation Fund and collected by the Commission, and any interest or earnings upon any moneys or property belonging to the fund shall, promptly upon collection, be paid into the state treasury and credited to the clearing account. Any interest collected on taxes shall be paid into the Special Unemployment Compensation Administration Fund continued by \u00a7 60.2-314. Refunds, except for interest collected payable pursuant to \u00a7 60.2-524, may be paid from the clearing account. After clearance thereof, all other moneys in the clearing account, including undeliverable payments, shall immediately be paid over to the Secretary of the Treasury of the United States, to the credit of the Unemployment Trust Fund established by the Social Security Act, to be held for the Commonwealth upon the terms and conditions provided in the Social Security Act.","order_by":null,"text":{"0":{"id":304058,"text":"All taxes and other moneys required by this title to be paid to the Unemployment Compensation Fund and collected by the Commission, and any interest or earnings upon any moneys or property belonging to the fund shall, promptly upon collection, be paid into the state treasury and credited to the clearing account. Any interest collected on taxes shall be paid into the Special Unemployment Compensation Administration Fund continued by \u00a7 60.2-314. Refunds, except for interest collected payable pursuant to \u00a7 60.2-524, may be paid from the clearing account. After clearance thereof, all other moneys in the clearing account, including undeliverable payments, shall immediately be paid over to the Secretary of the Treasury of the United States, to the credit of the Unemployment Trust Fund established by the Social Security Act, to be held for the Commonwealth upon the terms and conditions provided in the Social Security Act.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13663,"edition_id":1,"name":"Unemployment Compensation Fund","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":13662,"metadata":{},"date_created":"2026-06-26 03:45:30","date_modified":"2026-06-26 03:45:30","permalink":{"id":267543,"object_type":"structure","relational_id":13663,"identifier":"1","token":"60.2\/3\/1","url":"\/60.2\/3\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13662,"edition_id":1,"name":"Funds","identifier":"3","label":"chapter","depth":2,"order_by":1,"parent_id":12883,"metadata":{},"date_created":"2026-06-26 03:45:30","date_modified":"2026-06-26 03:45:30","permalink":{"id":267541,"object_type":"structure","relational_id":13662,"identifier":"3","token":"60.2\/3","url":"\/60.2\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12883,"edition_id":1,"name":"Unemployment Compensation","identifier":"60.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":267273,"object_type":"structure","relational_id":12883,"identifier":"60.2","token":"60.2","url":"\/60.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":81092,"structure_id":13663,"section_number":"60.2-300","catch_line":"Fund continued; accounts maintained","url":"\/60.2-300\/","token":"60.2\/3\/1\/60.2-300","metadata":false},{"id":84867,"structure_id":13663,"section_number":"60.2-301","catch_line":"Clearing account; payment to credit of federal Unemployment Trust Fund","url":"\/60.2-301\/","token":"60.2\/3\/1\/60.2-301","metadata":false},{"id":54642,"structure_id":13663,"section_number":"60.2-302","catch_line":"Benefit account; requisitions from federal Unemployment Trust Fund","url":"\/60.2-302\/","token":"60.2\/3\/1\/60.2-302","metadata":false},{"id":81585,"structure_id":13663,"section_number":"60.2-303","catch_line":"Moneys appropriated to Commission","url":"\/60.2-303\/","token":"60.2\/3\/1\/60.2-303","metadata":false},{"id":58997,"structure_id":13663,"section_number":"60.2-304","catch_line":"Disbursements by State Treasurer upon warrants of Comptroller","url":"\/60.2-304\/","token":"60.2\/3\/1\/60.2-304","metadata":false},{"id":85975,"structure_id":13663,"section_number":"60.2-305","catch_line":"Requisition or use of money credited to Commonwealth in Unemployment Trust Fund","url":"\/60.2-305\/","token":"60.2\/3\/1\/60.2-305","metadata":{"court_decisions":""}}],"previous_section":{"id":81092,"structure_id":13663,"section_number":"60.2-300","catch_line":"Fund continued; accounts maintained","url":"\/60.2-300\/","token":"60.2\/3\/1\/60.2-300","metadata":false},"next_section":{"id":54642,"structure_id":13663,"section_number":"60.2-302","catch_line":"Benefit account; requisitions from federal Unemployment Trust Fund","url":"\/60.2-302\/","token":"60.2\/3\/1\/60.2-302","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/60.2-301\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1968, chapter 738; in 1986, chapter 480; in 1993, chapter 249; in 1995, chapter 515<\/a>.<\/p>","references":[{"id":54642,"section_number":"60.2-302","catch_line":"Benefit account; requisitions from federal Unemployment Trust Fund","order_by":null,"url":"\/60.2-302\/"}],"refers_to":[{"id":78144,"section_number":"60.2-314","catch_line":"Fund continued; interest and penalties paid into fund","order_by":null,"url":"\/60.2-314\/"},{"id":75793,"section_number":"60.2-524","catch_line":"Refunds","order_by":null,"url":"\/60.2-524\/"}],"permalink":{"id":267549,"object_type":"law","relational_id":84867,"identifier":"60.2-301","token":"60.2\/3\/1\/60.2-301","url":"\/60.2-301\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/60.2-301\/","token":"60.2\/3\/1\/60.2-301","dublin_core":{"Title":"Clearing account; payment to credit of federal Unemployment Trust Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 60.2-301","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

All taxes and other moneys required by this title to be paid to the Unemployment Compensation Fund and collected by the Commission, and any interest or earnings upon any moneys or property belonging to the fund shall, promptly upon collection, be paid into the state treasury and credited to the clearing account. Any interest collected on taxes shall be paid into the Special Unemployment Compensation Administration Fund continued by \u00a7 60.2-314<\/a>. Refunds, except for interest collected payable pursuant to \u00a7 60.2-524<\/a>, may be paid from the clearing account. After clearance thereof, all other moneys in the clearing account, including undeliverable payments, shall immediately be paid over to the Secretary of the Treasury of the United States, to the credit of the Unemployment Trust Fund established by the Social Security Act, to be held for the Commonwealth upon the terms and conditions provided in the Social Security Act.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCLEARING ACCOUNT; PAYMENT TO CREDIT OF FEDERAL UNEMPLOYMENT TRUST FUND (\u00a7\n60.2-301)\n\nAll taxes and other moneys required by this title to be paid to the Unemployment\nCompensation Fund and collected by the Commission, and any interest or earnings\nupon any moneys or property belonging to the fund shall, promptly upon\ncollection, be paid into the state treasury and credited to the clearing\naccount. Any interest collected on taxes shall be paid into the Special\nUnemployment Compensation Administration Fund continued by \u00a7 60.2-314. Refunds,\nexcept for interest collected payable pursuant to \u00a7 60.2-524, may be paid from\nthe clearing account. After clearance thereof, all other moneys in the clearing\naccount, including undeliverable payments, shall immediately be paid over to the\nSecretary of the Treasury of the United States, to the credit of the\nUnemployment Trust Fund established by the Social Security Act, to be held for\nthe Commonwealth upon the terms and conditions provided in the Social Security\nAct.\n\nHISTORY: Code 1950, \u00a7 60-91; 1968, c. 738, \u00a7 60.1-107; 1986, c. 480; 1993, c.\n249; 1995, c. 515.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}