HOUSE BILL 1085

File Code: Workers' Compensation

Sponsored By:

Delegate Simmons

Entitled:

Uninsured Employers' Fund - Liability of Corporate Officers and Limited Liability Company Members

Synopsis:

Providing that a specified officer of a corporation that does not have sufficient assets to satisfy workers' compensation awards and assessments owed by the corporation is jointly and severally liable for those payments; and providing that a specified member of a limited liability company that does not have sufficient assets to satisfy workers' compensation awards and assessments owed by the company is jointly and severally liable for those payments.

History by Legislative Date

House Action

2/11

First Reading Economic Matters

2/16

Hearing 3/3 at 1:00 p.m.

3/21

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

LIABILITY -see also- GOOD SAMARITAN

LIMITED LIABILITY COMPANIES

WORKERS' COMPENSATION

Bill affects the following Statutes:

Labor and Employment

( 9-402 , 9-1001 , 9-1003 , 9-1005 , 9-1007 , 9-1107 , 9-1108 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered