Revised Fiscal NoteS.B. 40 1st Sub. (Green) 2018 General Session Workers' Compensation Dependent Benefit Amendments by Mayne, K (Mayne, Karen.) |
Ongoing | One-time | Total | |
---|---|---|---|
Net GF/EF/USF (rev.-exp.) | $0 | $0 | $0 |
Revenues | FY 2018 | FY 2019 | FY 2020 |
Total Revenues | $0 | $0 | $0 |
Expenditures | FY 2018 | FY 2019 | FY 2020 |
Total Expenditures | $0 | $0 | $0 |
Net All Funds (rev-exp) | $0 | $0 | $0 |
Enactment of this legislation could increase costs to workers'' compensation insurance carriers who insure local governments in Utah by 1.1%, or approximately $420,000 statewide. It is not known whether such impact would be absorbed by the carriers or passed on to policy holders.
Enactment of this legislation could increase costs to workers'' compensation insurance carriers by 1.1%, or approximately $4 million statewide. It is not known whether such impact would be absorbed by the carriers or passed on to policy holders. Enactment of this legislation could increase financial benefits to dependents of insured individuals.
No performance note required for this bill