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House approves statutory board compensation cap and reimbursement rules for workers' compensation fund
Summary
House Bill 13 moves compensation for the Workers' Compensation Fund board from rule to statute, sets an aggregate compensation cap of $75,000 per calendar year beginning 2008, allows reasonable expense reimbursements overseen by the insurance commissioner, and includes continuity provisions; the measure passed after extended floor questioning about accountability and tax‑exempt status.
Representative Clark presented House Bill 13 to codify compensation and expense reimbursement for the Workers' Compensation Fund board. Clark said the fund has been well managed and that statutorily setting compensation (rather than leaving it to rule) would improve transparency and allow reasonable remuneration to attract qualified directors.
Key provisions described…
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