Workers' Compensation Act; increases maximum tax rate that may be assessed on uninsured, etc. (HB2515)

Introduced By

Del. Bob Tata (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Workers' Compensation Act; uninsured employer's fund. Increases the maximum tax rate that may be assessed on uninsured or self-insured employers from 0.25 percent to 0.5 percent. The revenues from the tax fund workers' compensation benefits that are awarded against such employers from the uninsured employer's fund. The measure sunsets on July 1, 2012. Amends § 65.2-1201 (“(Effective until July 1, 2012) Financing; tax.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History