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OH HB34
Bill
Status
3/26/2013
Primary Sponsor
Robert Hackett
Click for details
AI Summary
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Appropriates $283,610,000 for fiscal year 2014 and $267,083,900 for fiscal year 2015 to the Bureau of Workers' Compensation from the Workers' Compensation Fund and Federal Special Revenue Fund Group.
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Allocates $16,026,100 in FY 2014 (and $0 in FY 2015) for William Green Lease Payments to the Ohio Building Authority; remaining lease payments funded through general appropriations.
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Directs the Treasurer of State to transfer $19,161,132 cash in each fiscal year from the State Insurance Fund to the Safety and Hygiene Fund (Fund 8260).
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Requires quarterly transfers of $828,200 in each fiscal year from the Bureau to the Attorney General's Workers' Compensation Section Fund to support the Workers' Compensation Fraud Unit.
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Establishes that any unencumbered cash balance exceeding $45,000,000 in the Workers' Compensation Fund on June 30 of each fiscal year shall be used to reduce administrative cost rates charged to employers.
Legislative Description
To amend Section 201 of Sub. H.B. 123 of the 129th General Assembly, as subsequently amended, and to make appropriations for the Bureau of Workers' Compensation for the biennium beginning July 1, 2013, and ending June 30, 2015, and to provide authorization and conditions for the operation of the Bureau's programs.
Workers' Compensation budget/other changes to workers' compensation law
Last Action
Effective Date
3/26/2013