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Senate approves SB119 to change Workers’ Compensation Fund board appointments, amid objections about lost oversight

Utah State Senate · February 7, 2002
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Utah Senate passed SB119, which revises Workers’ Compensation Fund governance and board-appointment procedures. Supporters said the changes preserve the fund’s ability to underwrite out-of-state business; opponents warned the measure removes Senate advice-and-consent and weakens legislative oversight.

The Utah Senate passed Senate Bill 119 on Feb. 7, 2002, changing how the Workers’ Compensation Fund’s board is appointed and clarifying accounting and guarantee-fund provisions.

Sponsor Senator Fulton told the chamber the bill combines guarantee funds and revises the appointment process so an executive-branch official—rather than statutory gubernatorial appointment subject to the Senate’s advice and consent—would formally approve public directors. Fulton said the change is intended to preserve the fund’s federal tax status, stabilize its financial rating and allow limited underwriting…

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