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HB3331 • 2025

Provides that a percentage of dividends paid by the State Accident Insurance Fund Corporation are redirected to a fund for catastrophic disaster preparedness.

Provides that a percentage of dividends paid by the State Accident Insurance Fund Corporation are redirected to a fund for catastrophic disaster preparedness.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Evans
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-24 House

    Referred to Labor and Workplace Standards.

  3. 2025-01-21 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act says that a portion of dividends paid by SAIF must be redirected into a fund for disaster preparedness. The Act creates a board to advise on how the fund is used. (Flesch Readability Score: 72.1).
Provides that a percentage of dividends paid by the State Accident Insurance Fund Corporation are redirected to a fund for catastrophic disaster preparedness. Creates an advisory board to advise on expenditures from the fund and on other policy improvements. Directs the advisory board to make recommendations on or before February 1, 2027.
Relating to: Relating to catastrophic disaster.
Current location: In House Committee