U.S. DEPARTMENT OF LABOR
Employment and Training Administration
Washington, D. C. 20210

CLASSIFICATION

UI

CORRESPONDENCE SYMBOL

TEUMI

ISSUE DATE

October 22, 1992

RESCISSIONS

None

EXPIRATION DATE

 

DIRECTIVE

:

UIS INFORMATION BULLETIN NO. 02-93

 

TO

:

ALL REGIONAL ADMINISTRATORS

 

FROM

:

MARY ANN WYRSCH
Director
Unemployment Insurance Service

 

SUBJECT

:

Cash Management Improvement Act of 1990 (CMIA):Final Rule

 

This is to provide Regional Offices a copy of the cited rule which was published in the Federal Register on September 24. The final rule contains major changes from the proposed rule, published on March 23, addressing unemployment funds. The Supplementary Information section of the final rule provides the Treasury Department rationale for those changes (see pps. 44278 - 44279).

A Field Memorandum containing more detailed information regarding the effects of the rule, UIS plans for publishing its own cash management regulations (referenced in the CMIA rule), and Regional participation in the negotiation of state agreements under the CMIA rule is forthcoming.

Questions should be addressed to Jim Herbert at 202-219-5216.

Attachment