[Federal Register Volume 78, Number 242 (Tuesday, December 17, 2013)]
[Notices]
[Page 76328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-29849]


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DEPARTMENT OF LABOR

Employment and Training Administration


Notice of Approval of Indiana's Application for a Waiver of the 
Additional Credit Reduction That Was To Be Applied to the 2013 Credit 
Reduction Under the Federal Unemployment Tax Act

AGENCY: Employment and Training Administration, Labor.

ACTION: Notice.

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SUMMARY: Sections 3302(c)(2) and 3302(d)(3) of the Federal Unemployment 
Tax Act (FUTA) provide that employers in a state that has an 
outstanding balance of advances under Title XII of the Social Security 
Act at the beginning of January 1 of two or more consecutive years are 
subject to a reduction in credits otherwise available against the FUTA 
tax for the calendar year in which the most recent such January 1 
occurs, if a balance of advances remains at the beginning of November 
10 of that year. Also section 3302(c)(2) of FUTA provides that a state 
may face additional credit reduction for a year by failing to meet 
certain criteria. Indiana applied for a waiver of the 2013 additional 
credit reduction under section 3302(c)(2)(C) of FUTA and because 
Indiana has taken no action to reduce the solvency of their 
Unemployment Insurance Trust Fund in the 12 months ending September 30, 
2013, they have successfully qualified for the waiver. It has therefore 
been determined that Indiana meets all of the criteria of this section 
and thus qualifies for the waiver of additional credit reduction and 
therefore employers in Indiana will have no additional credit reduction 
applied for calendar year 2013.

    Signed in Washington, DC, this 5th day of December 2013.
Eric M. Seleznow,
Acting Assistant Secretary for Employment and Training.
[FR Doc. 2013-29849 Filed 12-16-13; 8:45 am]
BILLING CODE 4510-FW-P