BILL · 2003–04 SESSION

HB 3108: Workers' comp oversight

Concerning oversight of industrial insurance premium rates.

Summary

  • Requires the Department of Labor and Industries (Department), in consultation with the Workers' Compensation Advisory Committee (WCAC), to adopt rules establishing the contingency reserve level, prohibiting premium dividends, and permitting temporary rate reductions.
  • Requires the Department to set industrial insurance premium rates designed to attempt to limit premium fluctuations.
  • Requires the Department to contract for an independent actuarial audit of the rate-setting process when requested by labor or business members of the WCAC within 10 days after proposed rates are filed.

From the House Bill Analysis (HB 3108), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2004
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Conway (D-29)
Introduced
January 28, 2004 in the House
Last action
January 28, 2004
Budget
Has a fiscal note

AN ACT Relating to oversight of industrial insurance premium rates;

Sponsors

Prime sponsor: Steve Conway (D-29)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Commerce & Labor.

HB 3108 in other sessions

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

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