HB 72 Wyoming House · 2024 Regular Session

Worker's compensation-provision for adverse deviation.

HB 72 modifies Wyoming's worker's compensation program by allowing investment earnings from the reserve fund set aside for unexpected costs (adverse deviation) to count as revenue for the program. Specifically, the bill authorizes the state to consider 0% to 5% of the previous five-year average market value of this reserve as annual revenue, which will affect how worker's compensation rates are calculated. This change directly impacts the state's worker's compensation fund management, potentially influencing premium rates paid by employers. The bill takes effect July 1, 2024, and does not alter benefit amounts or eligibility for injured workers.
Bill status signed all 5 stages cleared
Introduction
Feb 2024
Committee Review
Feb 2024
House Passage
Feb 2024
Senate Passage
Feb 2024
Signed into Law
Mar 2024
Introduced Feb 13, 2024 Signed Mar 5, 2024
Floor votes · Senate Feb 28, 2024 · House Feb 21, 2024

How they voted

300
Passed
Total votes 30
Feb 28, 2024
D Democratic2
2 Yea
100% Yea
R Republican28
28 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
20
Key actions
7
Committee
4
Mar 5, 2024
Signed into law
Governor Signed HEA No. 0002
legislature
Feb 28, 2024
Upper · Passed
S 3rd Reading:Passed 31-0-0-0-0
upper
Feb 26, 2024
Upper · Passed
S COW:Passed
upper
Feb 23, 2024
Upper · Passed
S02 - Appropriations:Recommend Do Pass 4-0-1-0-0
upper
Feb 21, 2024
Introduced
S Introduced and Referred to S02 - Appropriations
upper
Feb 21, 2024
Lower · Passed
H 3rd Reading:Passed 62-0-0-0-0
lower
Feb 19, 2024
Lower · Passed
H COW:Passed
lower
Feb 15, 2024
Lower · Passed
H02 - Appropriations:Recommend Do Pass 7-0-0-0-0
lower
Feb 13, 2024
Introduced
H Introduced and Referred to H02 - Appropriations 60-1-1-0-0
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.