Fifty-first Legislature                                                   Finance

Second Regular Session                                                  S.B. 1181

 

PROPOSED AMENDMENT

 

SENATE AMENDMENTS TO S.B. 1181

 

(Reference to printed bill)

 

 


Page 1, line 6, strike “two” insert “three

Page 2, line 9, after “expended” insert “only

Line 10, after “article” insert “and only for the purposes of the account into which the monies were placed.  No monies placed in one of the three separate accounts established by this section may be used directly or indirectly for any other purpose, including to satisfy an obligation attributable to another account

Page 3, line 2, after “claims” insert”, and deny all other claims,

Line 14, strike “two” insert “three

Line 16, after “fund” insert “and expend amounts assessed only for the purposes of the account into which the amounts assessed were placed

Page 4, strike lines 6 and 7

Reletter to conform

Page 7, line 27, strike “ninety day” insert “ninety-day

Page 14, line 37, after the period insert “if an insurance carrier authorized by the commission to process or pay claims directly pursuant to this chapter does not fully comply with the provisions of the workers’ compensation law relating to the processing or payment of workers’ compensation claims, the commission shall notify the GUARANTY fund.

Page 21, line 7, strike “200,000,000” insert “222,848,153

After line 11 insert:

“Sec. 18.  Effective date

This act is effective from and after December 31, 2014.”

Amend title to conform


 

STEVE YARBROUGH

1/28/14

10:34 AM

S: BR/DF/tf