SB 1245 Pennsylvania Senate · 2023-2024 Regular Session

An Act amending the act of July 1, 1937 (P.L.2532, No.470), known as the Workers' Compensation Security Fund Act, providing for a refund of a 2009 assessment by the Insurance Department.

This bill directs the Pennsylvania Insurance Department to refund a 2009 assessment previously charged to insurance carriers authorized to write workers' compensation insurance. To receive the refund, which includes the original amount plus interest, eligible carriers must submit a specific form within sixty days of a public notice, while carriers that went into liquidation in 2009 are excluded from this process. The legislation also requires the department to report the total refund amounts to various legislative committee chairs once the process is complete.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2024
Committee Review
Floor Vote
Governor
Introduced Jun 10, 2024 Last action Jun 10, 2024
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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Jun 10, 2024
Committee
Referred to Banking & Insurance
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Greg Rothman
Greg Rothman
RRepublican
PA
34