CA AB61

Requires the Governor to appoint one board member who is a current or former small business owner with more than 5 years of ownership experience or who has been a State Compensation Insurance Fund policyholder for at least one year.

The small business owner board member shall be appointed at the first board vacancy after January 1, 2018, excluding vacancies created by the labor member or auditing member departures.

Small business owner board member must meet the same qualification requirements as other appointed members regarding experience in workers' compensation, legal, investment, financial, corporate governance, accounting, or auditing responsibilities.

Board composition remains 11 members total, with 9 appointed by the Governor, including the new small business owner position.