SB 1996 - Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092% - Illinois Key Vote

Stage Details

Title: Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092%

See How Your Politicians Voted

Title: Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092%

Vote Smart's Synopsis:

Vote to concur with house amendments and pass a bill that increases the surcharge on workers' compensation insurance premiums from 1.01% to 1.092% in Illinois.

Highlights:

  • Increases the surcharge on workers' compensation insurance premiums from 1.01% to 1.092% (Sec. 5-98).

  • Increases the workers’ compensation self-insurance fee from 0.0075% to 0.0081% (Sec. 5-98).

  • Increases the assessment on workers’ compensation payments from 1.25% to 1.375% (Sec. 5-98).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 99).

See How Your Politicians Voted

Title: Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092%

Vote Smart's Synopsis:

Vote to amend and pass a bill that increases the surcharge on workers' compensation insurance premiums from 1.01% to 1.092% in Illinois.

Highlights:

  • Increases the surcharge on workers' compensation insurance premiums from 1.01% to 1.092% (Sec. 5-98).

  • Increases the workers’ compensation self-insurance fee from 0.0075% to 0.0081% (Sec. 5-98).

  • Increases the assessment on workers’ compensation payments from 1.25% to 1.375% (Sec. 5-98).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 99).

Title: Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092%

Title: Increases the Surcharge on Workers' Compensation Insurance Premiums from 1.01% to 1.092%

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