Loading chat...

MS SB2913

Bill

Status

Failed

2/5/2019

Primary Sponsor

Videt Carmichael

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Increases the amount paid by employers or insurance carriers into the Second Injury Trust Fund from $300-$500 per compensable employee death to a flat $1,000 per death.

  • Raises the fund balance threshold at which contributions are suspended from $350,000 to $750,000.

  • Lowers the fund balance threshold at which contributions resume from $150,000 to $400,000.

  • Grants the Workers' Compensation Commission full authority to assess employers or insurers for deposits into the Second Injury Trust Fund, with funds prohibited from supporting agency operations.

  • Takes effect July 1, 2019.

Legislative Description

Workers' compensation; increase assessment for the Second Injury Trust Fund.

Last Action

Died In Committee

2/5/2019

Committee Referrals

Insurance1/21/2019

Full Bill Text

No bill text available