[Code of Federal Regulations]
[Title 20, Volume 3]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR601.4]

[Page 16]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
 CHAPTER V--EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR
 
PART 601--ADMINISTRATIVE PROCEDURE--Table of Contents
 
 Subpart A--Approval, Certification and Findings With Respect to State 
  Laws and Plans of Operation for Normal and Additional Tax Credit and 
                             Grant Purposes
 
Sec. 601.4  Certification for tax credit.

    (a) Within 30 days after submittal of a State unemployment 
compensation law for such purpose, the Secretary certifies to the State 
agency, in accordance with the provisions of section 3303(b)(3) of the 
Internal Revenue Code of 1954, his findings regarding reduced rates of 
contributions allowable under such law. On December 31 of each taxable 
year the Secretary certifies to the Secretary of the Treasury the law of 
each State, certified with respect to such year under section 3304 of 
the Internal Revenue Code of 1954 (see Sec. 601.2), which he finds 
allows reduced rates with respect to such taxable year only in 
accordance with the provisions of section 3303(a) of the Internal 
Revenue Code of 1954.
    (b) With regard to certification for payment, see Sec. 601.6.