Senate Bill 131

Chair's Name: Mike Coan

Committee: Industrial Relations

Senate Sponsor: Ralph Hudgens

House Sponsor: Mike Coan

SB 131 addresses liability for workers compensation claims when employers cease to be self-insured.

This bill received a Do Pass recommendation from the Industrial Relations Committee and comes to the House Floor under the Open Rule. 

Chairman Coan opinion of this legislation:

WHAT PROBLEM/OPPORTUNITY DOES THIS LEGISLATION ADDRESS?

This bill closes a loophole in the fair closure of the Subsequent Injury Trust Fund, as it relates to the payment of premiums.

WHAT IS THE DRIVING FORCE BEHIND THIS LEGISLATION?

Insurance companies and self-insured companies were pulling out of the system to avoid paying premiums for the closure of the fund.

THIS LEGISLATION:

• Reduces the Size of Government:

By helping close the Subsequent Injury Trust Fund

• Reduces the Tax Burden on our Citizens:

By closing the fund in an orderly fashion without allowing those who accessed the fund to escape their share of the payment.