Federal trust fund definition

Federal trust fund means the unemployment trust fund created under Section 904, Social Security Act (42 U.S.C. Section 1104).
Federal trust fund means the Federal Trust Fund established pursuant to Section 16360 of the Government Code.

Examples of Federal trust fund in a sentence

  • Companies will need to put in place cre- ative strategies to ensure that the well- being of their workforce is holistic.The definition of wellness needs to expand to include not just physical well- being, but also mental, financial and spiritual wellness.

  • AMENDMENT TO THE BALANCED BUDGET ACT.Section 252(a) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended by adding at the end the following: ‘‘This section shall be effective until the Federal budget excluding the receipts and disbursements of the social security trust funds, the Federal military retiree trust fund, the highway trust funds, and any other Federal trust fund included in the gross Fed- eral debt is in balance or surplus.’’.S.

  • CERCLA created a Federal trust fund through a tax on the chemical and petroleum industries.

  • Provides that each Rescue Committee may develop recommendations and legislative language that will significantly improve the relevant federal trust fund program, including by increasing the duration of positive balances and, to the extent practicable, providing for the 75-year solvency of the Federal trust fund.

  • However, in an effort to provide States additional resources to assist unemployed workers,P.L. 107-147 included a record $8 billion Reed Act transfer of funds from the Federal trust fund accounts into the State accounts.

  • Elimination of certain refunds of duty involving oil spill liability tax53Present Law Present law permits a drawback claimant to obtain a refund equal to the money deposited into a Federal trust fund such as the fund established to reimburse the cost of cleanup of the oil spills.

  • The goals of each Rescue Committee shall be to: (1) avoid depletion of the Federal trust fund established for the program; (2) provide for the solvency of the Federal trust fund established for the program during the 75-year period beginning on the date on which the Rescue Committee is established; (3) simplify the program to the extent practicable; and (4) otherwise improve the program.

  • ITS.—On April 16, 2000, the Secretary of the Treasury shall determine the amount any Federal trust fund would have received in gross receipts during the applicable period had this section not been enacted.

  • Requires the Treasury Secretary to submit to Congress a report identifying each Federal trust fund program that spent more than $20 billion in the fiscal year prior to enactment the TRUST Act and is projected to have inadequate balances at any point prior to the end of FY2035.Treasury must submit the report between January 4 and January 11, 2021.

  • Solvents are mainly used for cleaning or degreas- ing machinery.Superfund - The Federal trust fund that provides for the cleanup of hazardous substances released into the environment, regardless of fault.

Related to Federal trust fund

  • Grantor Trust means a Trust other than a RIC.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

  • Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time, or any successor legislation.

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Collateral Trust Agreement means the Collateral Trust Agreement, dated as of the date of this Indenture, among the Company, the Guarantors from time to time party thereto, the Trustee, the other Secured Debt Representatives from time to time party thereto and the Collateral Trustee, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.