AN ACT relating to worker's compensation; providing a premium credit for employers as specified; and providing for an effective date.
HealthcareLabor
Enacted
This bill passed the Legislature and reached final enactment based on the latest official action.
Sponsor
Senator Bebout
Last action
2020-03-24
Official status
enrolled
Effective date
3/24/2020
Plain English Breakdown
The official source material does not provide additional details about the amount of the credit or specific requirements beyond those mentioned in the summary.
Worker's Compensation Credit Act
This law creates a premium credit for employers who paid all required worker's compensation payments in 2019, which can be used towards their premium obligations between July and December 2020.
What This Bill Does
Creates a premium credit for employers who made all required worker's compensation payments in 2019.
Requires the Department of Workforce Services to establish this credit by June 15, 2020.
Allows employers to use the credit towards their premium obligations from July 1 to December 31, 2020.
Who It Names or Affects
Employers who made all required worker's compensation payments in 2019.
The Department of Workforce Services which must establish the credit.
Terms To Know
Worker's Compensation
A type of insurance that provides medical care and financial support to employees who are injured or become ill on the job.
Premium Credit
An amount given back to employers as a reduction in their worker's compensation premium payments.
Limits and Unknowns
The credit can only be used between July and December of 2020.
Any unused credits expire on January 31, 2021.
Amendments
These notes stay tied to the official amendment files and metadata from the legislature.
Plain English: The amendment changes a part of the bill that talks about worker's compensation, adding new rules for employers and how they can get premium credits.
Removes specific wording related to Wyoming Statute 27-14-201(q) on page 1, line 7.
Adds a requirement for compliance with all provisions of title 27 of the Wyoming statutes after '2020' on page 1, line 15.
Inserts new language on page 2, line 4 that specifies premium credits will be provided according to W.S. 27-14-201(q) but also includes additional requirements set by this section.
The amendment's text is technical and may require further explanation of the specific statutes mentioned for full understanding.
Bill History
2020-03-24LSO
Assigned Chapter Number 146
2020-03-24Governor
Governor Signed SEA No. 0049
2020-03-12House
H Speaker Signed SEA No. 0049
2020-03-11Senate
S President Signed SEA No. 0049
2020-03-11LSO
Assigned Number SEA No. 0049
2020-03-11House
H 3rd Reading:Passed 35-23-1-0-1
2020-03-10House
H 2nd Reading:Passed
2020-03-09House
H COW:Passed
2020-03-09House
H Placed on General File
2020-03-09House
H03 - Revenue:Recommend Do Pass 6-3-0-0-0
2020-03-06House
H Introduced and Referred to H03 - Revenue
2020-02-26House
H Received for Introduction
2020-02-26Senate
S 3rd Reading:Passed 27-3-0-0-0
2020-02-25Senate
S 2nd Reading:Passed
2020-02-24Senate
S COW:Passed
2020-02-18Senate
S Placed on General File
2020-02-18Senate
S02 - Appropriations:Recommend Do Pass 4-0-1-0-0
2020-02-11Senate
S Introduced and Referred to S02 - Appropriations 27-2-1-0-0
2020-02-10Senate
S Received for Introduction
2020-02-07LSO
Bill Number Assigned
Official Summary Text
Bill Summary - 20LSO-0486
Bill No.:
SF0089
Effective:
Immediately
LSO No.:
20LSO-0486
Enrolled Act No.:
SEA No. 0049
Chapter No.:
146
Prime Sponsor:
Bebout
Catch Title:
Worker's compensation credit.
Subject:
Worker's compensation premium credit.
Summary/Major Elements:
The bill requires the Department of Workforce Services to establish a worker's compensation premium credit for employers who made all required worker's compensation payments for calendar year 2019. The credit will be in an amount determined by the Department and can be used by employers towards their premium obligations between July 1 and December 31, 2020. The Department will implement the premium credit through its rulemaking authority under W.S. 27-14-201(q).
The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.
Current Bill Text
Read the full stored bill text
20LSO-0486
ORIGINAL Senate
File No
.
SF0089
ENROLLED ACT NO. 49,
SENATE
SIXTY-FIFTH LEGISLATURE OF THE STATE OF WYOMING
2020 Budget Session
AN ACT relating to worker's compensation; providing a premium credit for employers as specified; and providing for an effective date.
Be It Enacted by the Legislature of the State of Wyoming:
Section 1
.
Pursuant to W.S. 27
‑
14
‑
201(q), the department of workforce services shall establish a premium credit for any employer who has made all required worker's compensation payments for the period beginning January 1, 2019 and ending December 31, 2019. To qualify for the credit, an employer shall be in good standing with the worker's compensation division within the department of workforce services for all required worker's compensation payments by June 15, 2020. Premium credits granted under this act shall become effective on August 1, 2020 and may be used for premium reporting periods from July 1, 2020 through December 31, 2020. Any unused credit will expire January 31, 2021.
Section 2.
This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.
(END)
Speaker of the House
President of the Senate
Governor
TIME APPROVED: _________
DATE APPROVED: _________
I hereby certify that this act originated in the Senate.
Chief Clerk
1