SB 360
Extends sunset on a supplemental surcharge collected by the director of the division of workers' compensation
LR Number:
Last Action:
2/23/2021 - Hearing Conducted S Insurance and Banking Committee
Journal Page:
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).



No Amendments Found.