{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/60.2-305.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/60.2-305.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/60.2-305.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/60.2-305.html"}],"law_id":85975,"edition_id":1,"section_id":85975,"structure_id":13663,"section_number":"60.2-305","catch_line":"Requisition or use of money credited to Commonwealth in Unemployment Trust Fund","history":"Code 1950, \u00a7 60-94.1; 1960, c. 54; 1968, c. 131; 1968, c. 738, \u00a7 60.1-111; 1970, c. 732; 1972, c. 23; 1986, c. 480.","full_text":"A\n\n1. Money credited to the account of this Commonwealth in the Unemployment Trust Fund by the Secretary of the Treasury of the United States, pursuant to \u00a7 903 of the Social Security Act (42 U.S.C. \u00a7 1103), may not be requisitioned from this Commonwealth’s account or used except for the payment of benefits and for the payment of expenses incurred for the administration of this title.2\n\nSuch money may be requisitioned, pursuant to § 60.2-302, for the payment of benefits. Such money may also be requisitioned and used for the payment of expenses incurred for the administration of this title but only pursuant to a specific appropriation by the General Assembly and only if the expenses are incurred and the money requisitioned after the enactment of an appropriation law which:\n\t\t\t\ta. Specifies the purpose for which such money is appropriated and the amount appropriated therefor;\n\t\t\t\tb. Limits the period within which such money may be obligated to a period ending not more than two years after the date of the enactment of the appropriation law; and\n\t\t\t\tc. Limits the amount which may be obligated during any twelve-month period beginning on July 1 and ending on the next June 30 to an amount which does not exceed the amount by which (i) the aggregate of the amount credited to the account of this Commonwealth, pursuant to § 903 of the Social Security Act (42 U.S.C. § 1103), during the same twelve-month period and the thirty-four preceding twelve-month periods, exceeds (ii) the aggregate of the amounts obligated for administration and paid out for benefits and charged against the amounts credited to the account of this Commonwealth pursuant to such section during such thirty-five twelve-month periods.B\n\nAmounts credited to this Commonwealth’s account in the Unemployment Trust Fund under § 903 of the Social Security Act (42 U.S.C. § 1103) which are obligated for administration or paid out for benefits shall be charged against equivalent amounts which were first credited and which are not already so charged. However, no amount obligated for administration during a twelve-month period specified in subdivision 2 of subsection A of this section may be charged against any amount credited during such a twelve-month period earlier than the thirty-fourth preceding such period.C\n\nMoney requisitioned as provided for the payment of expenses of administration shall be deposited in the Unemployment Compensation Administration Fund, but, until expended, shall remain a part of the Unemployment Trust Fund. The Commission shall maintain a separate record of the deposit, obligation, expenditure and return of funds so deposited.","order_by":null,"text":{"0":{"id":307935,"text":"1. Money credited to the account of this Commonwealth in the Unemployment Trust Fund by the Secretary of the Treasury of the United States, pursuant to \u00a7 903 of the Social Security Act (42 U.S.C. \u00a7 1103), may not be requisitioned from this Commonwealth’s account or used except for the payment of benefits and for the payment of expenses incurred for the administration of this title.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A2"},"1":{"id":307936,"text":"Such money may be requisitioned, pursuant to § 60.2-302, for the payment of benefits. Such money may also be requisitioned and used for the payment of expenses incurred for the administration of this title but only pursuant to a specific appropriation by the General Assembly and only if the expenses are incurred and the money requisitioned after the enactment of an appropriation law which:\n\t\t\t\ta. Specifies the purpose for which such money is appropriated and the amount appropriated therefor;\n\t\t\t\tb. Limits the period within which such money may be obligated to a period ending not more than two years after the date of the enactment of the appropriation law; and\n\t\t\t\tc. Limits the amount which may be obligated during any twelve-month period beginning on July 1 and ending on the next June 30 to an amount which does not exceed the amount by which (i) the aggregate of the amount credited to the account of this Commonwealth, pursuant to § 903 of the Social Security Act (42 U.S.C. § 1103), during the same twelve-month period and the thirty-four preceding twelve-month periods, exceeds (ii) the aggregate of the amounts obligated for administration and paid out for benefits and charged against the amounts credited to the account of this Commonwealth pursuant to such section during such thirty-five twelve-month periods.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A","next_prefix":"B"},"2":{"id":307937,"text":"Amounts credited to this Commonwealth’s account in the Unemployment Trust Fund under § 903 of the Social Security Act (42 U.S.C. § 1103) which are obligated for administration or paid out for benefits shall be charged against equivalent amounts which were first credited and which are not already so charged. However, no amount obligated for administration during a twelve-month period specified in subdivision 2 of subsection A of this section may be charged against any amount credited during such a twelve-month period earlier than the thirty-fourth preceding such period.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2","next_prefix":"C"},"3":{"id":307938,"text":"Money requisitioned as provided for the payment of expenses of administration shall be deposited in the Unemployment Compensation Administration Fund, but, until expended, shall remain a part of the Unemployment Trust Fund. The Commission shall maintain a separate record of the deposit, obligation, expenditure and return of funds so deposited.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"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":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},"metadata":{"court_decisions":""},"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/60.2-305\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 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 1960, chapter 54; in 1968, chapter 131; in 1968, chapter 738; in 1970, chapter 732; in 1972, chapter 23; in 1986, chapter 480.<\/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\/"},{"id":78571,"section_number":"60.2-307","catch_line":"Moneys constituting fund","order_by":null,"url":"\/60.2-307\/"}],"refers_to":[{"id":54642,"section_number":"60.2-302","catch_line":"Benefit account; requisitions from federal Unemployment Trust Fund","order_by":null,"url":"\/60.2-302\/"}],"permalink":{"id":267565,"object_type":"law","relational_id":85975,"identifier":"60.2-305","token":"60.2\/3\/1\/60.2-305","url":"\/60.2-305\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/60.2-305\/","token":"60.2\/3\/1\/60.2-305","dublin_core":{"Title":"Requisition or use of money credited to Commonwealth in Unemployment Trust Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 60.2-305","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> 1. Money credited to the account of this Commonwealth in the Unemployment Trust Fund by the Secretary of the Treasury of the United States, pursuant to \u00a7 903 of the Social Security Act (42 U.S.C. \u00a7 1103), may not be requisitioned from this Commonwealth’s account or used except for the payment of benefits and for the payment of expenses incurred for the administration of this title. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Such money may be requisitioned, pursuant to § 60.2-302<\/a>, for the payment of benefits. Such money may also be requisitioned and used for the payment of expenses incurred for the administration of this title but only pursuant to a specific appropriation by the General Assembly and only if the expenses are incurred and the money requisitioned after the enactment of an appropriation law<\/span> which:\n\t\t\t\ta. Specifies the purpose for which such money is appropriated and the amount appropriated therefor;\n\t\t\t\tb. Limits the period within which such money may be obligated to a period ending not more than two years after the date of the enactment of the appropriation law<\/span>; and\n\t\t\t\tc. Limits the amount which may be obligated during any twelve-month period beginning on July 1 and ending on the next June 30 to an amount which does not exceed the amount by which (i) the aggregate of the amount credited to the account of this Commonwealth, pursuant to § 903 of the Social Security Act (42 U.S.C. § 1103), during the same twelve-month period and the thirty-four preceding twelve-month periods, exceeds (ii) the aggregate of the amounts obligated for administration and paid out for benefits and charged against the amounts credited to the account of this Commonwealth pursuant to such section during such thirty-five twelve-month periods. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Amounts credited to this Commonwealth’s account in the Unemployment Trust Fund under § 903 of the Social Security Act (42 U.S.C. § 1103) which are obligated for administration or paid out for benefits shall be charged against equivalent amounts which were first credited and which are not already so charged. However, no amount obligated for administration during a twelve-month period specified in subdivision 2 of subsection A of this section may be charged against any amount credited during such a twelve-month period earlier than the thirty-fourth preceding such period. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Money requisitioned as provided for the payment of expenses of administration shall be deposited in the Unemployment Compensation Administration Fund, but, until expended, shall remain a part of the Unemployment Trust Fund. The Commission shall maintain a separate record of the deposit, obligation, expenditure and return of funds so deposited. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREQUISITION OR USE OF MONEY CREDITED TO COMMONWEALTH IN UNEMPLOYMENT TRUST FUND\n(\u00a7 60.2-305)\n\nA. 1. Money credited to the account of this Commonwealth in the Unemployment\nTrust Fund by the Secretary of the Treasury of the United States, pursuant to \u00a7\n903 of the Social Security Act (42 U.S.C. \u00a7 1103), may not be requisitioned\nfrom this Commonwealth’s account or used except for the payment of\nbenefits and for the payment of expenses incurred for the administration of this\ntitle.\n\n 2. Such money may be requisitioned, pursuant to § 60.2-302, for the\n payment of benefits. Such money may also be requisitioned and used for the\n payment of expenses incurred for the administration of this title but only\n pursuant to a specific appropriation by the General Assembly and only if the\n expenses are incurred and the money requisitioned after the enactment of an\n appropriation law which:\n \t\t\t\ta. Specifies the purpose for which such money is appropriated and the\n amount appropriated therefor;\n \t\t\t\tb. Limits the period within which such money may be obligated to a period\n ending not more than two years after the date of the enactment of the\n appropriation law; and\n \t\t\t\tc. Limits the amount which may be obligated during any twelve-month period\n beginning on July 1 and ending on the next June 30 to an amount which does not\n exceed the amount by which (i) the aggregate of the amount credited to the\n account of this Commonwealth, pursuant to § 903 of the Social Security\n Act (42 U.S.C. § 1103), during the same twelve-month period and the\n thirty-four preceding twelve-month periods, exceeds (ii) the aggregate of the\n amounts obligated for administration and paid out for benefits and charged\n against the amounts credited to the account of this Commonwealth pursuant to\n such section during such thirty-five twelve-month periods.\n\nB. Amounts credited to this Commonwealth’s account in the Unemployment\nTrust Fund under § 903 of the Social Security Act (42 U.S.C. § 1103)\nwhich are obligated for administration or paid out for benefits shall be charged\nagainst equivalent amounts which were first credited and which are not already\nso charged. However, no amount obligated for administration during a\ntwelve-month period specified in subdivision 2 of subsection A of this section\nmay be charged against any amount credited during such a twelve-month period\nearlier than the thirty-fourth preceding such period.\n\nC. Money requisitioned as provided for the payment of expenses of administration\nshall be deposited in the Unemployment Compensation Administration Fund, but,\nuntil expended, shall remain a part of the Unemployment Trust Fund. The\nCommission shall maintain a separate record of the deposit, obligation,\nexpenditure and return of funds so deposited.\n\nHISTORY: Code 1950, \u00a7 60-94.1; 1960, c. 54; 1968, c. 131; 1968, c. 738, \u00a7\n60.1-111; 1970, c. 732; 1972, c. 23; 1986, c. 480.","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}}