SB 360
Extends sunset on a supplemental surcharge collected by the director of the division of workers' compensation
Sponsor:
LR Number:
1713S.01I
Last Action:
2/23/2021 - Hearing Conducted S Insurance and Banking Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2021

Current Bill Summary

SB 360 - Under current law, the director of the Division of Workers' Compensation is required to collect a supplemental surcharge not to exceed three percent of the policyholder's or self-insured's workers' compensation net deposits, net premiums, or net assessments for the previous policy year, rounded up to the nearest one-half of a percentage point. This provision expires December 31, 2021. This act extends that expiration date to December 31, 2026.

This act is substantially similar to HB 348 (2021).

SCOTT SVAGERA

Amendments

No Amendments Found.