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129 Federal Interest Payment Account

Account code: 129
Account title: Federal Interest Payment Account
Administering agency: 5400 - Employment Security Department
Fund type: FA - Enterprise Funds
Roll-up fund: FG - Unemployment Compensation
Cash type: 2 - Treasury Trust Fund
SAAM budget type: Nonappropriated/Nonallotted (N)
Interest earning authority:
Authority: RCW 50.16.015
Closing GL Code:
Description: Provide for the payment of interest on advances received from this state’s account in the federal unemployment trust fund.
Sources of revenue: Miscellaneous Revenue
Clientele: Unemployment compensation recipients
Effective date: 7/1/1983
Inactive date: 7/1/2012
Notes: inactivated per SSB 6581 7/1/12.