§404.1286. Time limitations on assessments—for wages paid prior to 1987.
20 C.F.R. § 404.1286
Subject to the exceptions to the time limitations in §§ 404.1287 and 404.1289, a State is not liable for an amount due under an agreement unless the Commissioner makes an assessment for that amount before the later of the following periods ends:
Three years, 3 months, and 15 days after the year in which the wages, upon which the amount is due, were paid; or
Three years after the date the amount became due.
Where the time limitation ends on a weekend, legal holiday or Federal nonworkday, an assessment is considered timely if the Commissioner makes the assessment on the next Federal workday.
Notes, amendments, and revision history
Amendments
[53 FR 32976, Aug. 29, 1988, as amended at 62 FR 38451, July 18, 1997]
Authority
Authority: Secs. 205, 210, 218, and 702(a)(5) of the Social Security Act (42 U.S.C. 405, 410, 418, and 902(a)(5)); sec. 12110, Pub. L. 99-272, 100 Stat. 287 (42 U.S.C. 418 note); sec. 9002, Pub. L. 99-509, 100 Stat. 1970.
Source
Source: 53 FR 32976, Aug. 29, 1988, unless otherwise noted.
Amendments
[53 FR 32976, Aug. 29, 1988, as amended at 62 FR 38451, July 18, 1997]