SENATE BILL 85

Sponsored By:

Senator Astle

Entitled:

Injured Workers' Insurance Fund - Risk Based Capital - Exemption from Excessive Premium Growth Charge

Synopsis:

Exempting the Injured Workers' Insurance Fund from the excessive premium growth charge or other penalty associated with premium growth in any risk based capital calculation; providing for the termination of a specified exemption; etc.

History by Legislative Date

Senate Action

1/22

First Reading Finance

2/12

Hearing 3/4 at 1:00 p.m.

3/10

Favorable with Amendments Report by Finance

3/11

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/13

Third Reading Passed (45-0)

3/31

Returned Passed

4/22

Signed by the Governor Chapter 60

House Action

3/14

First Reading Economic Matters

3/19

Hearing 3/27 at 1:00 p.m.

3/31

Favorable Report by Economic Matters

3/27

Favorable Report Adopted

Second Reading Passed

3/28

Third Reading Passed (138-0)

Bill indexed under the following Subjects:

FEES -see also- DEVELOPMENT FEES AND TAXES

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

PENALTIES

PRICES -see also- CONSUMER PRICE INDEX

WORKERS' COMPENSATION

Bill affects the following Statutes:

Labor and Employment

( 10-125 , 10-125 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 647474/01 (PDF)     Offered on: March 11, 2003   at: 12:33 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 13, 2003: Third Reading Passed (45-0)

House

March 28, 2003: Third Reading Passed (138-0)