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MI HB5486
Bill
Status
7/16/2014
Primary Sponsor
Harvey Santana
Click for details
AI Summary
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Amends MCL 418.561 to require private employers applying for self-insurance to agree that upon insolvency they must make records available to an agent of the self-insurers' security fund or private employer group self-insurers security fund
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Requires insolvent self-insuring employers to disclose their inability to pay injured employees to the applicable security fund
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Effective date is June 27, 2014, contingent upon enactment of House Bills 5478, 5479, 5480, and 5483 of the 97th Legislature
Legislative Description
Worker's compensation; administration; availability of private self-insurer's records in bankruptcy; provide for private employer group self-insurers security fund. Amends sec. 561 of 1969 PA 317 (MCL 418.561). TIE BAR WITH: HB 5478'14, HB 5479'14, HB 5480'14, HB 5483'14
Records, other
Last Action
Assigned Pa 235'14 With Immediate Effect
7/16/2014