S257 - 2026 Appropriations Act. (SL 2026-41)
Session Year 2024
Overview: Section 32A.2 of S.L. 2026-41 (Senate Bill 257) requires the Office of the State Marshal's annual actuarial study to calculate how much revenue from the State and member premiums would be required to meet the needs of the workers' compensation fund for certain safety workers under the following scenario: setting member premiums, by job classification, at the lowest amount needed to maintain the fund's cash balance at the optimal amount determined by the actuary.
This section became effective July 1, 2026.
Additional Information: