[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: 20CFR606.30]

[Page 39]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
 CHAPTER V--EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR
 
PART 606--TAX CREDITS UNDER THE FEDERAL UNEMPLOYMENT TAX ACT; ADVANCES UNDER TITLE XII OF THE SOCIAL SECURITY ACT--Table of Contents
 
                     Subpart D--Interest on Advances
 
Sec. 606.30  Interest rates on advances.


    Advances made to States pursuant to title XII of the Social Security 
Act on or after April 1, 1982, shall be subject to interest payable on 
the due dates specified in Sec. 606.31.\1\ The interest rate for each 
calendar year will be 10 percent or, if less, the rate determined by the 
Secretary of the Treasury and announced to the States by the Department.
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    \1\ (Editorial note: This section will be added at a later date.)
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