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MS SB2913
Bill
Status
Failed
2/5/2019
Primary Sponsor
Videt Carmichael
Click for details
AI Summary
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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.
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Raises the fund balance threshold at which contributions are suspended from $350,000 to $750,000.
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Lowers the fund balance threshold at which contributions resume from $150,000 to $400,000.
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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.
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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