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AK SB183
Bill
Status
Engrossed
4/26/2024
Primary Sponsor
Labor & Commerce
Click for details
AI Summary
- Establishes the workers' compensation benefits guaranty fund as a separate fund in the state treasury rather than part of the general fund
- Fund is composed of civil penalty payments from employers, investment income, departmental deposits, and appropriations that do not lapse
- Fund money may be appropriated for claims against the fund, expenses related to fund operations and claims, and legal expenses
- Effective immediately upon enactment
Legislative Description
Workers' Comp Benefits Guaranty Fund
Funds
Last Action
REFERRED TO RULES
5/14/2024
Committee Referrals
Rules5/14/2024
Finance4/29/2024
Labor & Commerce1/16/2024
Full Bill Text
No bill text available