FINAL BILL REPORT

HB 399

                                  C 210 L 87

BYRepresentatives Wang, R. King, Patrick, Chandler, McMullen and Winsley; by request of Joint Select Committee on Industrial Insurance and Department of Labor and Industries

Revising provisions relating to industrial insurance premiums.

House Committe on Commerce & Labor

Senate Committee on Commerce & Labor

SYNOPSIS AS ENACTED

BACKGROUND:

Under Washington's workers' compensation system, the accident fund rate paid by most employers is based on their accident experience.  In the construction industry, however, employers' rates are computed from a base rate that applies to all construction employers regardless of accident experience, except for a small allowance made under a modified experience rating formula. The rate may not exceed 120 percent of the rate necessary to assure that adequate premiums are collected to pay all claims for the construction industry class.

SUMMARY:

The provision is repealed that requires the industrial insurance premiums of the building industry to be computed on a base rate without regard to accident experience.

VOTES ON FINAL PASSAGE:

      House 95   0

      Senate    44     0

EFFECTIVE:July 26, 1987