Notice of the Federal Unemployment Tax Act (FUTA) Credit Reductions Applicable for 2022, 73567 [2022-26085]

Download as PDF Federal Register / Vol. 87, No. 229 / Wednesday, November 30, 2022 / Notices U.S.C. Appendix 3; or (ii) by U.S. government employees and contract personnel,2 solely for cybersecurity purposes. All nonconfidential written submissions will be available for public inspection at the Office of the Secretary and on EDIS.3 This action is taken under the authority of section 337 of the Tariff Act of 1930, as amended (19 U.S.C. 1337), and of §§ 201.10 and 210.8(c) of the Commission’s Rules of Practice and Procedure (19 CFR 201.10, 210.8(c)). By order of the Commission. Issued: November 25, 2022. Jessica Mullan, Acting Supervisory Attorney. [FR Doc. 2022–26107 Filed 11–29–22; 8:45 am] BILLING CODE 7020–02–P DEPARTMENT OF LABOR Employment and Training Administration lotter on DSK11XQN23PROD with NOTICES1 Notice of the Federal Unemployment Tax Act (FUTA) Credit Reductions Applicable for 2022 Sections 3302(c)(2)(A) and 3302(d)(3) of FUTA provide that employers in a state that has outstanding advances under Title XII of the Social Security Act on 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 advances remain on November 10 of that year. Further, Section 3302(c)(2)(C) of FUTA provides for an additional credit reduction for a year if a state has outstanding advances on five or more consecutive January 1 and has a balance on November 10 for such years. Section 3302(c)(2)(C) provides for waiver of this additional credit reduction and substitution of the credit reduction provided in Section 3302(c)(2)(B) if a state meets certain conditions. California, Connecticut, Illinois, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania, and the U.S. Virgin Islands (USVI) had outstanding advances on January 1 for two or more consecutive years and employers in these states were potentially subject to a FUTA credit reduction in 2022. However, Colorado, Massachusetts, Minnesota, New Jersey, and Pennsylvania repaid their outstanding advances before November 10, 2022. As 2 All contract personnel will sign appropriate nondisclosure agreements. 3 Electronic Document Information System (EDIS): https://edis.usitc.gov. VerDate Sep<11>2014 17:29 Nov 29, 2022 Jkt 259001 a result, employers in these states are not subject to a FUTA credit reduction for 2022. California, Connecticut, Illinois, and New York did not repay their outstanding advances before November 10, 2022. Therefore, employers in these states are subject to a FUTA credit reduction of 0.3 percent for 2022. Employers in USVI were potentially liable for the additional credit reduction under Section 3302(c)(2)(C) of FUTA. The jurisdiction applied for the waiver of this additional credit reduction and the Employment and Training Administration determined that USVI met each of the criteria necessary to qualify for the waiver of the additional credit reduction. Therefore, employers in USVI will have no additional credit reduction applied for calendar year 2022. However, because USVI has had an outstanding advance on each January 1 from 2010 through 2022, and maintained an outstanding balance on November 10, 2022, employers in USVI are subject to a FUTA credit reduction of 3.6 percent in 2022. Brent Parton, Acting Assistant Secretary for Employment and Training. [FR Doc. 2022–26085 Filed 11–29–22; 8:45 am] BILLING CODE P DEPARTMENT OF LABOR Veterans’ Employment and Training Service Advisory Committee on Veterans’ Employment, Training and Employer Outreach (ACVETEO); Meeting Veterans’ Employment and Training Service (VETS), Department of Labor (DOL). ACTION: Notice of open meeting. AGENCY: This notice sets forth the schedule and proposed agenda of a forthcoming meeting of the ACVETEO. The ACVETEO will discuss the DOL core programs and services that assist veterans seeking employment and raise employer awareness as to the advantages of hiring veterans. There will be an opportunity for individuals or organizations to address the committee. Any individual or organization that wishes to do so should contact Mr. Gregory Green at ACVETEO@dol.gov. Additional information regarding the Committee, including its charter, current membership list, annual reports, meeting minutes, and meeting updates may be found at https://www.dol.gov/ agencies/vets/about/advisorycommittee. This notice also describes the functions SUMMARY: PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 73567 of the ACVETEO. Notice of this meeting is required under the Federal Advisory Committee Act. This document is intended to notify the general public. DATES: Tuesday, December 20, 2022 beginning at 9 a.m. and ending at approximately 11 a.m. (EDT). ADDRESSES: This ACVETEO meeting will be held via TEAMS and teleconference. Meeting information will be posted at the link below under the Meeting Updates tab. https:// www.dol.gov/agencies/vets/about/ advisorycommittee. Notice of Intent To Attend the Meeting: All meeting participants should submit a notice of intent to attend by Friday, December 9, 2022, via email to Mr. Gregory Green at ACVETEO@dol.gov, subject line ‘‘December 2022 ACVETEO Meeting.’’ Individuals who will need accommodations for a disability in order to attend the meeting (e.g., interpreting services, assistive listening devices, and/or materials in alternative format) should notify the Advisory Committee no later than Friday, December 9, 2022, by contacting Mr. Gregory Green at ACVETEO@dol.gov. Requests made after this date will be reviewed, but availability of the requested accommodations cannot be guaranteed. Notice of Intent To Attend the Meeting: All meeting participants should submit a notice of intent to attend by Friday, December 9, 2022, via email to Mr. Gregory Green at ACVETEO@dol.gov, subject line ‘‘December 2022 ACVETEO Meeting.’’ Individuals who will need accommodations for a disability in order to attend the meeting (e.g., interpreting services, assistive listening devices, and/or materials in alternative format) should notify the Advisory Committee no later than Friday, December 9, 2022 by contacting Mr. Gregory Green at ACVETEO@dol.gov. Requests made after this date will be reviewed, but availability of the requested accommodations cannot be guaranteed. FOR FURTHER INFORMATION CONTACT: Mr. Gregory Green, Designated Federal Official for the ACVETEO, ACVETEO@ dol.gov, (202) 693–4734. SUPPLEMENTARY INFORMATION: The ACVETEO is a Congressionally mandated advisory committee authorized under Title 38, U.S. Code, Section 4110 and subject to the Federal Advisory Committee Act, 5 U.S.C. App. 2, as amended. The ACVETEO is responsible for: assessing employment and training needs of veterans; determining the extent to which the programs and activities of the U.S. E:\FR\FM\30NON1.SGM 30NON1

Agencies

[Federal Register Volume 87, Number 229 (Wednesday, November 30, 2022)]
[Notices]
[Page 73567]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26085]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF LABOR

Employment and Training Administration


Notice of the Federal Unemployment Tax Act (FUTA) Credit 
Reductions Applicable for 2022

    Sections 3302(c)(2)(A) and 3302(d)(3) of FUTA provide that 
employers in a state that has outstanding advances under Title XII of 
the Social Security Act on 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 advances remain on November 10 of that year. Further, 
Section 3302(c)(2)(C) of FUTA provides for an additional credit 
reduction for a year if a state has outstanding advances on five or 
more consecutive January 1 and has a balance on November 10 for such 
years. Section 3302(c)(2)(C) provides for waiver of this additional 
credit reduction and substitution of the credit reduction provided in 
Section 3302(c)(2)(B) if a state meets certain conditions.
    California, Connecticut, Illinois, Massachusetts, Minnesota, New 
Jersey, New York, Pennsylvania, and the U.S. Virgin Islands (USVI) had 
outstanding advances on January 1 for two or more consecutive years and 
employers in these states were potentially subject to a FUTA credit 
reduction in 2022. However, Colorado, Massachusetts, Minnesota, New 
Jersey, and Pennsylvania repaid their outstanding advances before 
November 10, 2022. As a result, employers in these states are not 
subject to a FUTA credit reduction for 2022. California, Connecticut, 
Illinois, and New York did not repay their outstanding advances before 
November 10, 2022. Therefore, employers in these states are subject to 
a FUTA credit reduction of 0.3 percent for 2022.
    Employers in USVI were potentially liable for the additional credit 
reduction under Section 3302(c)(2)(C) of FUTA. The jurisdiction applied 
for the waiver of this additional credit reduction and the Employment 
and Training Administration determined that USVI met each of the 
criteria necessary to qualify for the waiver of the additional credit 
reduction. Therefore, employers in USVI will have no additional credit 
reduction applied for calendar year 2022. However, because USVI has had 
an outstanding advance on each January 1 from 2010 through 2022, and 
maintained an outstanding balance on November 10, 2022, employers in 
USVI are subject to a FUTA credit reduction of 3.6 percent in 2022.

Brent Parton,
Acting Assistant Secretary for Employment and Training.
[FR Doc. 2022-26085 Filed 11-29-22; 8:45 am]
BILLING CODE P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.