Kentucky
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House Bill 388

Actions | Amendments
Last Action 04/02/18: signed by Governor (Acts, ch. 54)
Title AN ACT relating to the Kentucky Workers' Compensation Funding Commission.
Bill Documents Current/Final
Introduced
Fiscal Impact Statements Local Mandate
Additional Fiscal Impact Statements Exist
Bill Request Number 1245
Sponsor J. Tipton
Summary of Original Version Amend KRS 342.0011 to define "deductible program adjustment" and specify items to be considered on policies with provision for deductibles; amend KRS 342.122 to require all assessments to be remitted electronically beginning on January 1, 2020; amend KRS 342.1221 to clarify that interest is paid for late payment of expenses; amend KRS 342.1231 to change the term "taxpayer" to "assessment payer"; set a 7-year limitation from the date of the quarterly premium report or amended quarterly premium report for assessments; require records to be preserved for audits, explain when payment is final, and when a refund should be returned; amend KRS 342.1242 to require KEMI to reimburse for expenses to collect the coal assessment; amend KRS 342.1243 to clarify when assessments for the coal workers' pneumoconiosis fund cease and when the fund is abolished.
Index Headings of Original Version Local Mandate - Workers' Compensation Funding Commission, omnibus provisions
Insurance - Workers' Compensation Funding Commission, assessments
Labor and Industry - Workers' Compensation Funding Commission, omnibus provisions
Workers' Compensation - Workers' Compensation Funding Commission, omnibus provisions
Jump to Proposed Amendments House Committee Substitute 1 with Fiscal Impact Statements
Senate Committee Substitute 1 with Fiscal Impact Statements
Votes Vote History

Actions

Top | Amendments
02/16/18
  • introduced in House
02/21/18
  • to Economic Development & Workforce Investment (H)
02/23/18
  • posted in committee
03/01/18
  • reported favorably, 1st reading, to Calendar with Committee Substitute (1)
03/02/18
  • 2nd reading, to Rules
03/05/18
  • posted for passage in the Regular Orders of the Day for Tuesday, March 6, 2018
03/06/18
  • 3rd reading, passed 77-18 with Committee Substitute
03/07/18
  • received in Senate
03/08/18
  • to Economic Development, Tourism, and Labor (S)
03/13/18
  • taken from Economic Development, Tourism, and Labor (S)
  • 1st reading
  • returned to Economic Development, Tourism, and Labor (S)
03/14/18
  • taken from Economic Development, Tourism, and Labor (S)
  • 2nd reading
  • returned to Economic Development, Tourism, and Labor (S)
03/15/18
  • reported favorably, to Rules with Committee Substitute (1) as a consent bill
03/20/18
  • posted for passage in the Consent Orders of the Day for Tuesday, March 20, 2018
  • 3rd reading, passed 33-5 with Committee Substitute (1)
03/21/18
  • received in House
  • to Rules (H)
03/22/18
  • taken from Rules (H)
  • posted for passage for concurrence in Senate Committee Substitute
  • House concurred in Senate Committee Substitute
  • passed 57-32
  • enrolled, signed by Speaker of the House
03/27/18
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/02/18
  • signed by Governor (Acts, ch. 54)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Fiscal Impact Statement Local Mandate to House Committee Substitute 1
Summary Retain the original provisions except to add KRS 342.1223 and to remove "nondividend paying" from subsection (2)(b) and in KRS 342.1231(7) change seven years to five years.
Index Headings Insurance - Workers' Compensation Funding Commission, five years for an audit and invest in securities
Labor and Industry - Workers' Compensation Funding Commission, five years for an audit and invest in securities
Workers' Compensation - Funding Commission, five years for an audit and invest in securities
Local Mandate - Workers' Compensation Funding Commission, five years for an audit and invest in securities

Amendment Senate Committee Substitute 1
Fiscal Impact Statement Local Mandate to Senate Committee Substitute 1
Summary Retain original provisions except to amend in KRS 342.0011 the definitions of "premium" and "premiums received" to clarify assessments for deductible policies and to amend KRS 342.1223 to establish that employees of the Workers' Compensation Funding Commission may be exempt from the classified service.
Index Headings Local Mandate - Workers Compensation Funding Commission, unclassified service for employees
Labor and Industry - Workers' Compensation Funding Commission, employees in non-classified service
Workers' Compensation - Funding Commission, assessments clarified
Insurance - Workers' Compensation Funding Commission, assessments clarified
State Employees - Workers Compensation Funding Commission, unclassified service for employees

Last updated: 9/1/2020 2:57 PM (EDT)
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