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2004 SESSION

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HB 474 Workers' compensation; deposit to be made by self-insurers in order to secure payment for liability.

Introduced by: Samuel A. Nixon, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Workers' Compensation Insurance; self-insurers; deposit to secure payment. Authorizes the Workers' Compensation Commission to accept certificates of deposit, U.S. government bonds, letters of credit, and cash as instruments that will secure the payment of workers' compensation liabilities of self-insured employers. Currently, such employers may be required to deposit an acceptable security, indemnity, or bond. This bill is identical to SB 323.

FULL TEXT

• 01/14/04  House: Presented & ordered printed, prefiled 01/13/04 040460432  pdf | impact statement
• 02/26/04  House: Bill text as passed House and Senate (HB474ER)  pdf | impact statement
• 03/11/04  Governor: Acts of Assembly Chapter text (CHAP0044)  pdf

HISTORY

• 01/14/04  House: Presented & ordered printed, prefiled 01/13/04 040460432
• 01/14/04  House: Referred to Committee on Commerce and Labor
• 01/29/04  House: Reported from Commerce and Labor (22-Y 0-N)
• 02/02/04  House: Read first time
• 02/03/04  House: Read second time and engrossed
• 02/04/04  House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
• 02/04/04  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/04/04  House: Communicated to Senate
• 02/05/04  Senate: Constitutional reading dispensed
• 02/05/04  Senate: Referred to Committee on Commerce and Labor
• 02/16/04  Senate: Reported from Commerce and Labor (14-Y 0-N)
• 02/17/04  Senate: Read second time
• 02/18/04  Senate: Read third time
• 02/18/04  Senate: Passed Senate (39-Y 0-N)
• 02/18/04  Senate: VOTE: PASSAGE (39-Y 0-N)
• 02/26/04  House: Bill text as passed House and Senate (HB474ER)
• 02/26/04  House: Enrolled
• 02/27/04  House: Signed by Speaker
• 02/29/04  Senate: Signed by President
• 03/04/04  Governor: Approved by Governor-Chapter 44 (effective 7/1/04)
• 03/11/04  Governor: Acts of Assembly Chapter text (CHAP0044)