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, 76328 [2013-29849]

Download as PDF 76328 ACTION: Federal Register / Vol. 78, No. 242 / Tuesday, December 17, 2013 / Notices Notice. 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. By virtue of Georgia’s Unemployment Trust Fund account having an outstanding balance of Title XII advances on January 1 of four consecutive years, Georgia employers are potentially liable for a 0.9 percent reduction in their FUTA offset credit for 2013. Georgia applied for a cap on the credit reduction under FUTA, section 3302(f), and 20 CFR 606.20. If the State meets the specified criteria the 2013 credit reduction would have stayed at the 2012 percentage of 0.6 percent instead of increasing to 0.9 percent. It was determined that Georgia did not meet all of the criteria of section 3302(f) since the estimated State average tax rate on total wages for calendar year 2013 did not equal or exceed the State’s average benefit cost rate for calendar years 2008–2012. Thus Georgia does not qualify for a credit reduction cap and therefore employers in Georgia will have a 0.9 percent FUTA credit reduction for calendar year 2013. SUMMARY: Signed in Washington, DC, this 5th day of December, 2013. Eric M. Seleznow, Acting Assistant Secretary for Employment and Training. 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. Further, section 3302(c)(2) of FUTA provides that a state may face additional credit reduction for a year by failing to meet certain criteria. South Carolina applied for a waiver of the 2013 additional credit reduction under section 3302 (c)(2)(C) of FUTA and it has been determined that South Carolina met all of the criteria of this section necessary to qualify for the waiver of the additional credit reduction. Therefore, South Carolina employers will have no additional credit reduction applied for calendar year 2013. Signed at Washington, DC, this 5th day of December, 2013. Eric M. Seleznow, Acting Assistant Secretary for Employment and Training. [FR Doc. 2013–29850 Filed 12–16–13; 8:45 am] BILLING CODE 4510–FW–P 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 Employment and Training Administration, Labor. ACTION: Notice. DEPARTMENT OF LABOR SUMMARY: AGENCY: wreier-aviles on DSK5TPTVN1PROD with NOTICES Employment and Training Administration Notice of Approval of South Carolina’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 Employment and Training Administration, Labor. ACTION: Notice. AGENCY: Sections 3302(c)(2) and 3302(d)(3) of the Federal Unemployment Tax Act (FUTA) provide that employers in a state that has an SUMMARY: VerDate Mar<15>2010 14:45 Dec 16, 2013 Jkt 232001 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 PO 00000 Frm 00060 Fmt 4703 Sfmt 4703 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 NUCLEAR REGULATORY COMMISSION [Docket No. 70–7018; NRC–2008–0369] Application for Renewal of Special Nuclear Material License SNM–2014 From Tennessee Valley Authority for Watts Bar Nuclear Plant, Unit 2, Spring City, Tennessee Nuclear Regulatory Commission. ACTION: Environmental assessment and finding of no significant impact, notice of availability. AGENCY: DEPARTMENT OF LABOR BILLING CODE 4510–FN–P [FR Doc. 2013–29854 Filed 12–16–13; 8:45 am] 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. The U.S. Nuclear Regulatory Commission (NRC) is considering the renewal of Special Nuclear Material (SNM) License SNM–2014, issued in June 2011 and held by Tennessee Valley Authority (TVA), to authorize the continued receipt, possession, inspection, and storage of Special Nuclear Material SNM in the form of fresh fuel assemblies at TVA’s Watts Bar site in Spring City, TN. ADDRESSES: Please refer to Docket ID NRC–2008–0369 when contacting the NRC about the availability of information regarding this document. You may access publicly-available information related to this action by the following methods: • Federal Rulemaking Web site: Go to http://www.regulations.gov and search for Docket ID NRC–2008–0369. Address questions about NRC dockets to Carol Gallagher; telephone: 301–287–3422; email: Carol.Gallagher@nrc.gov. For technical questions, contact the individual(s) listed in the FOR FURTHER INFORMATION CONTACT section of this document. SUMMARY: E:\FR\FM\17DEN1.SGM 17DEN1

Agencies

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


-----------------------------------------------------------------------

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.

-----------------------------------------------------------------------

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