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HB18-1429

Workers' Compensation Cash Fund Maximum Reserve Exemption

Concerning the exemption of the workers' compensation cash fund from the maximum reserve.
Session:
2018 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

Workers' compensation cash fund - maximum reserve exception. The act exempts the workers' compensation cash fund from the maximum reserve, which limits the year-end uncommitted reserves in a cash fund to 16.5% of the amount expended from the cash fund during the fiscal year.
(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/06/2018 Signed Act PDF
    05/18/2018 Final Act PDF
    05/04/2018 Rerevised PDF
    05/03/2018 Revised PDF
    05/01/2018 Reengrossed PDF
    04/30/2018 Engrossed PDF
    04/25/2018 Introduced PDF

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. M. Hamner
Sen. K. Lambert

Sponsor

Rep. B. Rankin, Rep. D. Young
Sen. K. Lundberg, Sen. D. Moreno

Co-sponsor

Rep. P. Rosenthal
Sen. B. Martinez Humenik, Sen. K. Priola, Sen. J. Tate

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The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details