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Subcommittee advances bill to create sustained BOLI fund after split vote
Summary
The Transportation Economic Development Subcommittee moved House Bill 4,027 to full Ways and Means on a 5–3 roll call; supporters said it creates a sustained revenue stream to address BOLI’s backlog while opponents said it shifts general-fund obligations onto workers and businesses.
The Transportation Economic Development Subcommittee on Feb. 24 voted to send House Bill 4,027 to the full Ways and Means Committee after a 5–3 roll call. The bill would create a continuously appropriated expense fund for the Bureau of Labor and Industries (BOLI), funded by a workers’ compensation assessment and administered through the Department of Consumer and Business Services (DCBS).
LFO staff summarized the measure, saying the fund would be built with staged minimum balance requirements, may reimburse DCBS for administrative costs, and would allow transfers to BOLI beginning July 1, 2029. The measure also limits the annual cost of new positions funded by the assessment (noted…
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