2002 Regular Session

HOUSE BILL 537

File Code: Workers' Compensation Crossfiled with: SENATE BILL 371
Sponsored By:
Delegates Busch, Mitchell, and Gordon
Entitled:
Injured Workers' Insurance Fund - Phase-In of Regulatory Requirements

Synopsis:

Subjecting the Injured Workers' Insurance Fund to specified provisions of the Insurance Article; requiring the Insurance Commissioner to ensure that the Fund has a specified level of excess capital; establishing a specified phase-in schedule for the Fund to comply with specified excess capital requirements; establishing the applicability of specified sections of the Insurance Article to the Fund; requiring specified reports under specified circumstances; etc.

History by Legislative Date

House Action
2/1
First Reading Economic Matters
2/13
Hearing 3/6 at 1:00 p.m.
3/18
Favorable Report by Economic Matters
Favorable Report Adopted
Second Reading Passed
3/20
Third Reading Passed (140-0)
4/1
Returned Passed
5/15
Governor vetoed - Cross-filed bill was signed
Senate Action
3/21
First Reading Finance
Hearing 3/27 at 1:00 p.m.
4/1
Favorable Report by Finance
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (46-0)
Sponsored by:
Delegate Michael E. Busch, District 30
Delegate Michael R. Gordon, District 17
Delegate Van T. Mitchell, District 28
Bill indexed under the following Subjects:
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
REPORTS
WORKERS' COMPENSATION
Bill affects the following Statute:
Labor and Employment
( 10-125 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 20, 2002: Third Reading Passed (140-0)
Senate
April 1, 2002: Third Reading Passed (46-0)