summary
Introduced
02/18/2021
02/18/2021
In Committee
Crossed Over
Passed
Dead
03/20/2021
03/20/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO LABOR; PROVIDING FOR EIGHTY PERCENT ASSISTANCE FOR THE COST OF WORKERS' COMPENSATION INSURANCE TO EMPLOYERS OF MINOR APPRENTICES; REQUIRING RULES; REQUIRING A REPORT; MAKING AN APPROPRIATION.
AI Summary
This bill provides for 80% assistance for the cost of workers' compensation insurance to employers of minor apprentices (apprentices under 18 years of age) in New Mexico. The bill requires the Apprenticeship Council to adopt procedures for the assistance application and confirmation process, and the Workforce Solutions Department to provide the financial assistance. The bill also requires a report from the Director of Apprenticeship and the Superintendent of Insurance on options for employers to insure minor apprentices, including the potential for group self-insurance. The bill appropriates $200,000 from the general fund to the Workforce Solutions Department for this purpose, with any unused funds not reverting to the general fund.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate Finance Committee (00:00 3/18/2021 Room 322) (on 03/18/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=414&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0414.pdf |
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