Kentucky HB 388: AN ACT relating to the Kentucky Workers' Compensation Funding Commission. Amend KRS 342.0011 to define "deductible program adjustment" and specify items to be considered on policies with provision for deductibles; amend KRS 342.122 to require all assessments to be remitted electronically beginning on January 1, 2020; amend KRS 342.1221 to clarify that interest is paid for late payment of expenses; amend KRS 342.1231 to change the term "taxpayer" to "assessment payer"; set a 7-year limitation from the date of the quarterly premium report or amended quarterly premium report for assessments; require records to be preserved for audits, explain when payment is final, and when a refund should be returned; amend KRS 342.1242 to require KEMI to reimburse for expenses to collect the coal assessment; amend KRS 342.1243 to clarify when assessments for the coal workers' pneumoconiosis fund cease and when the fund is abolished.

Status: Signed by Governor (Acts, ch. 54) (as of 2018-04-02)

State: Kentucky · Session: 2018RS · Bill: HB 388

Sponsors: J. Tipton

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