SENATE BILL 625

Sponsored By:

Senator Garagiola

Entitled:

Workers' Compensation Commission - Governmental Self-Insurance Groups - Investment

Synopsis:

Requiring the Workers' Compensation Commission to adopt regulations that establish specified guidelines to authorize a specified type of investment of surplus funds by governmental self-insurance groups; and providing specified conditions for the investment of surplus funds by governmental self-insurance groups.

History by Legislative and Calendar Date

Senate Action

2/2

First Reading Finance

2/6

Hearing 2/20 at 1:00 p.m.

3/5

Favorable Report by Finance

3/6

Favorable Report Adopted

Second Reading Passed

3/8

Third Reading Passed (47-0)

3/30

Returned Passed

House Action

3/9

First Reading Economic Matters

3/21

Hearing 3/29 at 1:00 p.m.

4/2

Favorable Report by Economic Matters

3/27

Favorable Report Adopted

Second Reading Passed

3/28

Third Reading Passed (138-0)

Action after passage in Senate and House

4/10

Approved by the Governor

- Chapter 41

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees

Community Colleges

Counties -see also- Chartered Counties; Code Counties

Education, Boards of

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Investments -see also- Securities

Municipal Corporations -see also- Annap; Balt; Hager; OC

Rules and Regulations

Workers' Compensation

Bill affects the following Statutes:

Labor and Employment

( 9-404 , 9-404 )

Article - 95 Treasurer

( 22 )

Documents:

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

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

Senate

March 8, 2007: Third Reading Passed (47-0)

House

March 28, 2007: Third Reading Passed (138-0)