2004 Session

Budget Bill - SB29 (Introduced)

Department of Human Resource Management

Item 84

Item 84 (Not set out)

First Year - FY2003Second Year - FY2004
Investment, Trust, and Insurance Services (72500)$776,748$777,042
Bond Issuance Advisory Services (72501)FY2003 $524,258FY2004 $0
Insurance Services (72502)FY2003 $252,490FY2004 $777,042
Fund Sources:  
Trust and AgencyFY2003 $776,748FY2004 $777,042

Authority: Discretionary Inclusion

A. The Department of Human Resource Management shall take into account the claims experience of each agency and institution when setting premiums for the workers’ compensation program.

B. The Department of Human Resource Management shall report to the Governor and Chairmen of the House Appropriations and Senate Finance Committees by September 1, 2003 its recommended workers’ compensation premiums for state agencies for the following biennium. This report shall also include the basis for the department’s recommendations, the number and amount of workers’ compensation settlements concluded in the previous fiscal year, and the impact of those settlements on the workers’ compensation program’s reserves.