HB18-1429
Workers' Compensation Cash Fund Maximum Reserve Exemption
Concerning the exemption of the workers' compensation cash fund from the maximum reserve.
Session:
2018 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
Workers' compensation cash fund - maximum reserve exception. The act exempts the workers' compensation cash fund from the maximum reserve, which limits the year-end uncommitted reserves in a cash fund to 16.5% of the amount expended from the cash fund during the fiscal year.
(Note: This summary applies to this bill as enacted.)