Self-insurers Guaranty Trust Fund; revise certain funded levels

Summary

The bill updates the Self‑insurers Guaranty Trust Fund for workers' compensation by setting new funding targets and revising how participants are assessed. Regular annual assessments stop once the fund reaches between $15 million and $25 million, but special assessments can be levied if the fund falls below $5 million to $10 million. It also adds stronger enforcement tools for participants who do not pay assessments.

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