Unemployment Trust Fund Accountability Act

HR 3745, the Unemployment Trust Fund Accountability Act, requires states with outstanding federal unemployment advances exceeding $1 billion as of January 1, 2023, to submit detailed repayment plans within 90 days of the bill's enactment. These states must report to Congress and the Secretary of Labor on how they intend to repay their debts to the federal Unemployment Trust Fund. The bill targets specific states with significant existing obligations under Section 1201 of the Social Security Act. It establishes a reporting mandate focused on transparency and accountability for large outstanding balances, without altering existing repayment terms.