FL H0271

Reduces the timeframe for employers to produce business records from 10 to 5 business days after department request, triggering stop-work order authority if records are not provided.

Stop-work order information must be made available on the Division of Workers' Compensation's website, updated daily, and retained for at least 5 years.

Reduces penalty multiplier for failure to secure workers' compensation from 2 times to 1.5 times the premium amount, and extends the lookback period from 2 years to 3 years for penalty calculation.

Changes compensation rates from 66 2/3 percent to 66.67 percent for permanent total disability, temporary total disability, temporary partial disability, and death benefits, and clarifies the $1,000 down payment requirement for conditional release from stop-work orders.

Increases the maximum assessment rate for the Special Disability Trust Fund from 2.50 percent to 4.52 percent, effective July 1, 2014.