2002 Regular Session

SENATE BILL 371

CHAPTER NUMBER: 22 File Code: Workers' Compensation Crossfiled with: HOUSE BILL 537
Sponsored By:
Senators Bromwell and Dorman
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

Senate Action
1/28
First Reading Finance
1/30
Hearing 2/28 at 1:00 p.m.
3/7
Favorable Report by Finance
3/8
Favorable Report Adopted
Second Reading Passed
3/12
Third Reading Passed (45-0)
3/31
Returned Passed
4/9
Signed by the Governor Chapter 22
House Action
3/12
First Reading Economic Matters
3/20
Hearing 3/28 at 1:00 p.m.
4/1
Favorable Report by Economic Matters
3/29
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (140-0)
Sponsored by:
Senator Thomas L. Bromwell, District 8
Senator Arthur Dorman, District 21
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):
Senate
March 12, 2002: Third Reading Passed (45-0)
House
March 30, 2002: Third Reading Passed (140-0)