Relating to the Bureau of Labor and Industries; prescribing an effective date.

Summary

The bill establishes a separate BOLI Expenses Fund in the state treasury, managed by the Department of Consumer and Business Services, and funds it through employer assessments and legislative appropriations. Money in the fund is continuously appropriated to the Bureau of Labor and Industries for its operational expenses. The law also amends assessment rules to ensure the fund maintains specified reserve levels starting July 1 2029.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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