Section 980 Of Article 3. Contribution Rates From California Unemployment Insurance Code >> Division 1. >> Part 1. >> Chapter 4. >> Article 3.
980
. (a) In determining the balance in the Unemployment Fund for
the purpose of Sections 977 and 977.5, there shall be excluded all of
the following:
(1) Any amount credited to this state's account in the
Unemployment Trust Fund pursuant to Section 903 of the federal Social
Security Act, as amended, which has been appropriated for expenses
of administration other than for capital assets, whether or not that
amount has been withdrawn from that fund.
(2) Any unexpended advance from the federal unemployment account
in the Unemployment Trust Fund received in accordance with Section
323 of this division and Title XII of the federal Social Security
Act, as amended.
(3) Any amount paid in advance into the Unemployment Fund by an
employer under any type of coverage pursuant to which reimbursement
of benefits is permitted or required in lieu of the contributions
required of employers.
(4) Any amount paid in advance into the Unemployment Fund by the
federal government under any federal law that requires or permits
this state to pay benefits from the Unemployment Fund and provides
for advances by the federal government for reimbursement of all or
part of those benefits.
(b) In determining the balance in the Unemployment Fund for the
purpose of Sections 977 and 977.5, there shall also be excluded any
estimated or other contributions not legally due and payable with
respect to the final calendar quarter of the calendar year, except
any payment of contributions made under Sections 976.5 and 1137 and
except any payment of contributions by employers terminating business
during any calendar quarter.