Senate2023-24 sessionFiscal note

SB 5084 — Creating a separate fund for the purposes of self-insured pensions and assessments.

Signed into law — Chapter 110, Laws of 2023

Sponsor
Braun
Introduced
January 9, 2023
Status
C 110 L 23
Last action
Effective date 7/1/2025*. (April 20, 2023)

What this bill does

Creates the Self-Insurance Reserve Fund for payments from self-insured employers related to workers' compensation pensions and from the Overpayments Reimbursement Fund. Allows the State Investment Board to invest any excess amounts in the Self-Insurance Reserve Fund. Provides that the Second Injury Fund will retain its proportionate share of earnings in the fund held by the State Treasurer's Office.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House — 3rd Reading & Final Passage · April 6, 2023
    98 yea · 0 nay
  • Senate — 3rd Reading & Final Passage · March 8, 2023
    47 yea · 2 nay

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Other bills sponsored by Braun

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗