HB 2427 - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

     Declares that the intent of this act is to benefit, in the broadest sense possible, Washington workers and employers, especially those who are in small business and may lack the injury and illness prevention resources that larger companies may possess.  The department may use industrial insurance funds appropriated to accomplish the purpose of this act.  Funding for this program will be taken from the medical aid fund reserves which are in excess of actuarial needs.

     Appropriates the sum of five million dollars, or as much thereof as may be necessary, for the biennium ending June 30, 2003, from the medical aid account--state appropriation to the department of labor and industries to carry out the purposes of this act.  Only medical aid account funds in excess of actuarial needs may be appropriated.

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