2015 House Bill 4362 / Public Act 195

Revise workers comp insurance detail

Introduced in the House

March 19, 2015

Introduced by Rep. Jason Sheppard (R-56)

To establish that employers in a workers compensation self-insurance group possess a proportional share of the group’s assets that exceed its self-insurer group obligations, and require these groups to establish processes and procedures to distribute the excess, with state approval.

Referred to the Committee on Commerce and Trade

April 28, 2015

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

May 7, 2015

Passed in the House 109 to 1

Received in the Senate

May 12, 2015

Referred to the Committee on Commerce

Oct. 15, 2015

Reported without amendment

With the recommendation that the substitute (S-2) be adopted and that the bill then pass.

Oct. 28, 2015

Passed in the Senate 37 to 0 (details)

To establish that employers in a workers compensation self-insurance group possess a proportional share of the group’s assets that exceed its self-insurer group obligations, and require these groups to establish processes and procedures to distribute the excess, with state approval.

Received in the House

Oct. 28, 2015

Nov. 4, 2015

Passed in the House 106 to 1 (details)

To concur with the Senate-passed version of the bill.

Signed by Gov. Rick Snyder

Nov. 16, 2015