LD 9
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LD 9 Title Page PUBLIC Law Chapter 93 Page 2 of 2
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LR 280
Item 1

 
CHAPTER 93

 
H.P. 16 - L.D. 9

 
An Act to Amend the Laws Governing the Workers'

 
Compensation Board Administrative Fund

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 39-A MRSA §154, sub-§6, as amended by PL 2001, c. 692, §1, is
further amended to read:

 
6. Assessment levied. The assessments levied under this
section may not be designed to produce more than $6,000,000 in
revenues annually beginning in the 1995-96 fiscal year, more than
$6,600,000 annually beginning in the 1997-98 fiscal year, more
than $6,735,000 beginning in the 1999-00 fiscal year, more than
$7,035,000 in the 2001-02 fiscal year or more than $6,860,000
beginning in the 2002-03 fiscal year. Assessments collected that
exceed $6,000,000 beginning in the 1995-96 fiscal year,
$6,600,000 beginning in the 1997-98 fiscal year, $6,735,000
beginning in the 1999-00 fiscal year, $7,035,000 in fiscal year
2001-02 or $6,860,000 beginning in the 2002-03 fiscal year by a
margin of more than 10% must be refunded to those who paid the
assessment. Any amount collected above the board's allocated
budget and within the 10% margin must be used to create a reserve
of up to 1/4 of the board's annual budget. The board, by a
majority vote of its membership, may use its reserve to assist in
funding its Personal Services account expenditures and All Other
account expenditures and to help defray the costs incurred by the
board pursuant to this Act including administrative expenses,
consulting fees and all other reasonable costs incurred to
administer this Act.__The board shall notify the chairs and
members of the joint standing committee of the Legislature having
jurisdiction over labor matters whenever the board receives
approval from the State Budget Officer and the Governor to use


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