Bill > HB4628

This bill authorizes the redirection of amounts collected from certain surcharges and assessments on workers' compensation insurance policies for periods prior to January 1, 2019. Specifically, it allows the Governor to redirect a portion of the deposits of the amounts collected from these surcharges and assessments to the General Revenue Fund, rather than to the Workers' Compensation Debt Reduction Fund, until the unfunded liability of the Old Fund (the former workers' compensation system) has been paid or provided for in its entirety. The bill also terminates the assessment of these surcharges after December 31, 2018, but maintains liability for any surcharges assessed prior to that date until they are paid.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4628&year=2018&sessiontype=RS&btype=bill