South Carolina § 41-33-460 State shall replace funds lost or improperly spent.

South Carolina Statutes

§ 41-33-460 — State shall replace funds lost or improperly spent.

South Carolina·Title 41 LABOR AND EMPLOYMENT·Ch. 33 EMPLOYMENT AND WORKFORCE—FUNDS

Money in the Department of Employment and Workforce administration fund, paid to this State under Title III of the Social Security Act and the Wagner-Peyser Act, found by the Secretary of Labor, or his successors, because of an action or contingency, to have been lost or expended for a purpose other than, or in an amount in excess of, those found necessary by the Secretary of Labor, for the proper administration of the department's employment and workforce program, it is the policy of this State that the money must be replaced by money appropriated for this purpose from the general funds of this State to the Department of Employment and Workforce administration fund for expenditures as provided in Section 41-33-430. Funds that have been expended by the department or its agents pursuant to 

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Money in the Department of Employment and Workforce administration fund, paid to this State under Title III of the Social Security Act and the Wagner-Peyser Act, found by the Secretary of Labor, or his successors, because of an action or contingency, to have been lost or expended for a purpose other than, or in an amount in excess of, those found necessary by the Secretary of Labor, for the proper administration of the department's employment and workforce program, it is the policy of this State that the money must be replaced by money appropriated for this purpose from the general funds of this State to the Department of Employment and Workforce administration fund for expenditures as provided in Section 41-33-430. Funds that have been expended by the department or its agents pursuant to a budget approved by the Secretary of Labor, pursuant to the general standards and limitations promulgated by the Secretary of Labor, before this expenditure, when proposed expenditures have not been specifically disapproved by the Secretary of Labor, must not be considered to require replacement.

South Carolina § 41-33-460 (State shall replace funds lost or improperly spent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 68-336; 1952 Code SECTION 68-336; 1942 Code SECTION 7035-93; 1936 (39) 1716; 1939 (41) 487; 1941 (42) 369; 1957 (50) 580; 2010 Act No. 146, SECTION 69, eff March 30, 2010; 2011 Act No. 3, SECTION 12, eff March 14, 2011. Effect of Amendment The 2010 amendment substituted "department" for "Commission"; and made other nonsubstantive changes. The 2011 amendment twice substituted "Department of Employment and Workforce" for "employment security", and substituted "department's employment and workforce program" for "employment security program".