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Committee reviews proposal to fund BOLI via worker-benefit assessment, raises oversight and reserve questions
Summary
SB 1506 would use the Worker Benefit Fund assessment to create a separate account to fund Bureau of Labor and Industries (BOLI) operations via a modest assessment split between employers and employees; DCBS and BOLI said safeguards would fence injured-worker programs from the new account.
The Senate Committee on Labor and Business heard detailed testimony on SB 1506 and its dash-1 amendment, which would use the Worker Benefit Fund (WBF) assessment mechanism to create ongoing funding for the Bureau of Labor and Industries (BOLI) operations and increase the prevailing-wage fee cap.
Jessica Genentino Viatoro, deputy commissioner at the Bureau of Labor and Industries, described two main elements in the amendment: (1) using existing worker-benefit…
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