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Legislative staff review nonbudget proprietary funds, subsequent injury fund and proposed IT internal-service rates for Labor Department
Summary
LFD and department staff briefed Section A on nonbudget proprietary funds including the subsequent injury fund and the department’s technology services internal-service funds; the executive proposes rate increases that the legislature will review.
Legislative Fiscal Division and department staff presented the committee with a review of nonbudget proprietary funds for the Department of Labor and Industry, focusing on the subsequent injury fund and the department’s technology services internal-service funds.
LFD said the subsequent injury fund is a proprietary account that offers incentives to employers to hire persons with disabilities by reimbursing paid losses; the fund’s assessment rate is based on…
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