Section 39-51-409 - Employment security account(1) There is an account in the state special revenue fund called the employment security account.(2) Money deposited in the employment security account may be appropriated to the department for payment of: (a) unemployment insurance benefits;(b) expenses incurred in the administration of the unemployment insurance program;(c) expenses incurred in collecting money deposited in the account;(d) expenses incurred for the employment offices established in 39-51-307, including expenses for providing services to the business community;(e) expenses incurred for the apprenticeship and training program and for the administration of 39-71-319;(f) expenses for displaced homemaker programs provided for under 39-7-305;(g) expenses for department research and analysis functions that provide employment, wage, and economic data;(h) expenses for department functions pertaining to wage and hour laws, prevailing wages, and collective bargaining; and(i) principal, interest, and redemption premium on employment security revenue bonds authorized in section 5, Chapter 435, Laws of 2009.(3) Except as provided in sections 6 and 12, Chapter 435, Laws of 2009, the department may transfer funds from the employment security account to the unemployment insurance fund account provided for in 39-51-402 upon receiving approval from the budget director that the transfer will not decrease the money in the account below the level appropriated by the legislature to provide for the employment services programs identified in subsection (2).(4) The department may transfer appropriation authority in employment services programs between the federal special revenue and the state special revenue fund types. Amended by Laws 2023, Ch. 394,Sec. 1, eff. 5/3/2023.Amended by Laws 2019, Ch. 400,Sec. 2, eff. 7/1/2019, terminates 6/30/2023, termination repealed by Laws 2023, Ch. 394,Sec. 1, eff. 5/3/2023.En. Sec. 2, Ch. 173, L. 1993; amd. Sec. 2, Ch. 399, L. 1999; amd. Sec. 5, Ch. 466, L. 2005; amd. Sec. 2, Ch. 362, L. 2007; amd. Sec. 13, Ch. 435, L. 2009; amd. Sec.2, Ch. 400, L. 2019.