MT SB308

Removes the existing cap on workers' compensation benefits tied to Montana's state average weekly wage and replaces it with a fixed maximum of $2,885 per week

Applies the new $2,885 weekly cap to temporary total disability, permanent total disability, permanent partial disability, and death benefits

Sets new wage election limits for partnerships, sole proprietors, LLCs, and corporate officers at a minimum of $900/month (or $200/week for corporations) and maximum of $2,885/week for premium and benefit calculations

Amends five sections of Montana Code Annotated (39-71-118, 39-71-701, 39-71-702, 39-71-703, and 39-71-721)

Weekly compensation benefits remain calculated at 66 2/3% of wages received at time of injury, subject to the new $2,885 maximum