1. If any money received after June 30, 1941, from the Department of Labor under Title III of the Social Security Act, or any unencumbered balances in the Unemployment Compensation Administration Fund as of that date, or any money granted after that date to this State pursuant to the provisions of the Wagner-Peyser Act, are found by the Department of Labor, because of any action or contingency, to have been lost or expended for purposes other than, or in amounts in excess of, those found necessary by the Department of Labor for the proper administration of this chapter, it is the policy of this State that such money must be replaced by money appropriated for such purpose from the general fund of this State to the Unemployment Compensation Administration Fund for expenditure as provided in NRS 612.605. Upon receipt of notice of such a finding by the Department of Labor, the Administrator shall promptly report the amount required for such replacement to the Governor, and the Governor shall at the earliest opportunity submit to the Legislature a request for the appropriation of that amount.
2. This section does not relieve this State of its obligation with respect to money received before July 1, 1941, pursuant to the provisions of Title III of the Social Security Act.
[Part 13:129:1937; A 1939, 115; 1941, 412; 1943, 239; 1949, 257; 1955, 698] — (NRS A 1993, 1843)
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