Workers' Compensation Act; increases maximum tax rate that may be assessed on uninsured, etc. (HB2515)
Introduced By
Del. Bob Tata (R-Virginia Beach)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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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 »

