05RS HB451

HB451

WWW Version

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HB 451 (BR 340) - J. Gray

     AN ACT relating to workers' compensation and declaring an emergency.
     Amend KRS 342.122 to require the Kentucky Workers' Compensation Funding Commission, by October 1 of each year, to notify all insurance carriers writing workers' compensation insurance in the state, including group and individual self-insured employers, of the rates to become effective January 1 of each year; ; amend KRS 342.1242, beginning June 30, 2005, to change the date that the funding commission determines the assets of the special fund and sets rates from September 1 to June 30; require notice of rate changes to be given no later than October 1 instead of December 1 of the year preceding the rate change; EMERGENCY.

     Feb 14-introduced in House
     Feb 18-to Labor and Industry (H)
     Feb 22-posting waived
     Feb 24-reported favorably, 1st reading, to Calendar
     Feb 25-2nd reading, to Rules; recommitted to Appropriations and Revenue (H)


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