By: Shine, Oliveira (Senate Sponsor - Zaffirini) H.B. No. 1989

(In the Senate - Received from the House May 1, 2017; May 4, 2017, read first time and referred to Committee on Business and Commerce; May 17, 2017, reported favorably by the following vote: Yeas 8, Nays 0; May 17, 2017, sent to printer.) Click here to see the committee vote

A BILL TO BE ENTITLED

AN ACT

relating to the requirements for withdrawal by a certified self-insurer from workers' compensation self-insurance.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 407.045, Labor Code, is amended by adding Subsection (a-1) to read as follows:

(a-1) For purposes of Subsection (a), an adequate program includes a program in which the certified self-insurer has insured or reinsured all workers' compensation obligations incurred by the self-insurer with an authorized insurer under an agreement that is filed with and approved in writing by the commissioner. The obligations incurred include:

(1) all known claims and expenses associated with those claims; and

(2) all incurred but not reported claims and expenses associated with those claims.

SECTION 2. This Act takes effect September 1, 2017.

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