BILL · 1997–98 SESSION

HB 2103: Workers' comp/trust benefici

Excluding beneficiaries of irrevocable trusts from industrial insurance coverage.

Summary

  • Beneficiaries of irrevocable profit-sharing business trusts are added as employment exempt from mandatory industrial insurance coverage. To be exempt, the trust beneficiary must hold a transferable certificate evidencing a minimum of a 5 percent beneficial interest in the trust estate and must receive all of his or her compensation from the trust in the form of distributions of profits to beneficiaries.

From the House Bill Analysis (HB 2103), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedFeb 20, 1997
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
John Koster (R-39)
Introduced
February 20, 1997 in the House
Last action
January 12, 1998

Sponsors

Prime sponsor: John Koster (R-39)

3 co-sponsors (0 Democrats, 3 Republicans)

Votes

No recorded floor votes.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 2103 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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