Bill
Bill > HB547
summary
Introduced
02/05/2020
02/05/2020
In Committee
05/12/2020
05/12/2020
Crossed Over
03/04/2020
03/04/2020
Passed
Dead
06/09/2020
06/09/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Sections 71-3-73, 71-3-95, 71-3-97, 71-3-99 And 71-3-100, Mississippi Code Of 1972, To Return The Mississippi Workers' Compensation Commission To A Special Fund Agency; To Amend Section 27-104-205, Mississippi Code Of 1972, To Conform; And For Related Purposes.
AI Summary
This bill seeks to return the Mississippi Workers' Compensation Commission to a special fund agency. Key provisions include:
1. Establishing a special fund in the State Treasury to be used for the administration of the workers' compensation program, rather than relying on the State General Fund. The fund will be administered by the Commission and monies can only be expended upon legislative appropriation.
2. Allowing the Commission to assess fees on carriers and self-insurers to cover the administrative expenses of the program, rather than being funded by the general taxpayer. These fees will be deposited into the special Administrative Expense Fund.
3. Removing the previous requirement that the Workers' Compensation Commission's expenses be funded from the State General Fund starting in 2016. This returns the agency to a self-funded, special fund status.
4. Conforming changes to related statutes to reflect the Commission's transition back to a special fund agency.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died In Committee (on 06/09/2020)
Official Document
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