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HB 388/LM (BR 1245) - J. Tipton

     AN ACT relating to the Kentucky Workers' Compensation Funding Commission.
     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.


     HCS1/LM - 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.
     SCS1/LM - 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.

     Feb 16, 2018 - introduced in House
     Feb 21, 2018 - to Economic Development & Workforce Investment (H)
     Feb 23, 2018 - posted in committee
     Mar 01, 2018 - reported favorably, 1st reading, to Calendar with Committee Substitute (1)
     Mar 02, 2018 - 2nd reading, to Rules
     Mar 05, 2018 - posted for passage in the Regular Orders of the Day for Tuesday, March 6, 2018
     Mar 06, 2018 - 3rd reading, passed 77-18 with Committee Substitute
     Mar 07, 2018 - received in Senate
     Mar 08, 2018 - to Economic Development, Tourism, and Labor (S)
     Mar 13, 2018 - taken from Economic Development, Tourism, and Labor (S); 1st reading; returned to Economic Development, Tourism, and Labor (S)
     Mar 14, 2018 - taken from Economic Development, Tourism, and Labor (S); 2nd reading; returned to Economic Development, Tourism, and Labor (S)
     Mar 15, 2018 - reported favorably, to Rules with Committee Substitute (1) as a consent bill