Provides brief description of P.L. 83-567, the Reed Act of 1954, which provides for the transfer of excess funds in the Federal portion of the Unemployment Trust Fund to individual State accounts under certain conditions. Summarizes Reed Act distributions process; State use of surplus Federal unemployment funds; transfers to States in P.L. 111-5, the American Recovery and Reinvestment Act of 2009; and policy issues.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC. CRS Report.
Microfiche version: Library of Congress. Congressional Research Service. Unemployment Trust Fund and Reed Act Distributions