REFERENCE TITLE: state compensation fund; continuation

State of Arizona House of Representatives Forty-ninth Legislature Second Regular Session 2010

HB 2138

Introduced by Representative Hendrix

 

AN ACT

 

repealing section 41‑3010.01, Arizona Revised Statutes; Amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41‑3020.01; relating to the state Compensation fund.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Repeal

Section 41-3010.01, Arizona Revised Statutes, is repealed.

Sec. 2.  Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3020.01, to read:

START_STATUTE41-3020.01.  State compensation fund; termination July 1, 2020

A.  The state compensation fund board of directors terminates on July 1, 2020.

B.  Title 23, chapter 6, article 5 is repealed on January 1, 2021. END_STATUTE

Sec. 3.  Purpose

Pursuant to section 41‑2955, subsection B, Arizona Revised Statutes, the legislature continues the state compensation fund to help employers in this state to obtain mandatory workers' compensation insurance for their employees.

Sec. 4.  Retroactivity

Sections 1 and 2 of this act are effective retroactively to July 1, 2010.