The CAL Repayment Act would require states to immediately use certain federal funds to repay outstanding loans from the federal government's unemployment insurance program before spending that money on anything else. Specifically, when states receive federal grants, transfers, or other payments that could be used to repay advances made under the Social Security Act's unemployment insurance provisions, they would have five business days to apply those funds toward repaying any outstanding loan balances. If a state uses such funds for other purposes before repaying these advances, it would be required to return the full amount of those funds to the federal government within five business days of the secretary determining a violation occurred. The requirement applies to all funds awarded after the bill's enactment date and aims to ensure states prioritize repaying federal unemployment insurance loans over other spending.