Fiscal Note - State of Utah - 2011 General Session

HB0209 - Workers' Compensation Premium Assessment

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could increase the workers compensation assessment to a level adequate to fund statutory requirements. Actual increases will depend on actuarial study results.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could increase the assessments paid by local governments in the state.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill could increase the assessments paid by businesses in the state. No impact is anticipated on Utah residents.

1/21/2011, 2:57:53 PM, Lead Analyst: Wilko, A./Attny: POOffice of the Legislative Fiscal Analyst