[Federal Register Volume 78, Number 242 (Tuesday, December 17, 2013)]
[Notices]
[Page 76328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-29850]


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DEPARTMENT OF LABOR

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

AGENCY: Employment and Training Administration, Labor.

ACTION: Notice.

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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. 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