HB-5483, As Passed Senate, June 12, 2014

HOUSE BILL No. 5483

April 29, 2014, Introduced by Rep. Santana and referred to the Committee on Commerce.

A bill to amend 1969 PA 317, entitled

"Worker's disability compensation act of 1969,"

(MCL 418.101 to 418.941) by adding section 501b.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

Sec. 501b. If the director determines that there is a

reasonable likelihood that the remedies available under R 408.43s

of the Michigan administrative code will be insufficient to meet

the obligations of the trust, the director may assess private

employer group self-insurers to the extent necessary to secure

payment of benefits for which the private employer group self-

insurers security fund may become responsible under this act and

associated overhead and administrative expenses. The assessments

shall be apportioned among the private employer group self-insurers

based on each self-insurer group's proportion of the total paid

losses, as defined in section 551(3)(b), of each private group

self-insurer paid by private employer self-insured groups in the

prior year. An assessment made under this section is payable to the

PEGSISF.

Enacting section 1. This amendatory act does not take effect

unless all of the following bills of the 97th Legislature are

enacted into law:

(a) Senate Bill No.____ or House Bill No. 5478 (request no.

04526'13).

(b) Senate Bill No.____ or House Bill No. 5479 (request no.

04547'13).

04549'13).