California 2013-2014 Regular Session Status: In Committee

SB 487 — Workers' compensation insurance: Self-Insured Group Security Fund.

Last action — Returned to Secretary of Senate pursuant to Joint Rule 56.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2013-2014 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law generally requires an employer to compensate, without regard to negligence, an employee for an injury sustained by the employee if the injury arose out of, and in the course of, employment, as specified. Existing law requires each employer, except as specified, to secure the payment of compensation by either being insured against liability to pay compensation, or by securing from the Director of Industrial Relations a certificate of consent to self-insure, either as an individual employer, or as one employer in a group of employers. Existing law establishes the Self-Insurers' Security Fund, governed by an 8-member board of trustees and administered by the Director of Industrial Relations, to provide for the continuation of workers' compensation benefits delayed as a result of the failure of a private, self-insured employer to meet its compensation obligations when the employer's security deposit is either inadequate or not immediately accessible for the payment of benefits. Existing law requires every private, self-insuring employer to secure incurred liabilities for the payment of workers' compensation by making a deposit based on estimated future liability for compensation. Existing law authorizes an alternative security system established by regulations adopted by the director whereby private insurers can collectively secure their aggregate liabilities, as specified. This bill would distinguish between individual self-insured employers and groups of self-insured employers by creating a separate Self-Insured Group Security Fund for group self-insured employers that is similar to the existing Self-Insurers' Security Fund structure, which would continue, but only for individual self-insured employers. The bill would authorize a similar alternative security system to be established by regulations adopted by the director whereby group self-insured employers may collectively secure their aggregate liabilities, as specified. The bill would establish the Self-Insured Group Security Fund as a nonprofit mutual benefit corporation, governed by a 7-member board of trustees, and provide similar powers and authority as is provided to the existing Self-Insurers' Security Fund. The bill would make additional conforming changes. The bill would state the intent of the Legislature in this regard.

Bill Text

Action History

  1. Returned to Secretary of Senate pursuant to Joint Rule 56.

  2. Read second time and amended. Re-referred to Com. on INS.

  3. From committee: Do pass as amended and re-refer to Com. on INS. (Ayes 4. Noes 0. Page 664.) (April 24).

  4. Set for hearing April 24.

  5. Re-referred to Coms. on L. & I.R. and INS.

  6. From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  7. Referred to Com. on RLS.

  8. From printer. May be acted upon on or after March 24.

  9. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

  • Calderon · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Calderon

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Votes

Subjects

labor health-insurance
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Frequently asked questions

What does SB 487 do?
Existing law generally requires an employer to compensate, without regard to negligence, an employee for an injury sustained by the employee if the injury arose out of, and in the course of, employment, as specified. Existing law requires each employer, except as specified, to secure the payment of compensation by either being insured against liability to pay compensation, or by securing from the Director of Industrial Relations a certificate of consent to self-insure, either as an individual employer, or as one employer in a group of employers. Existing law establishes the Self-Insurers' Security Fund, governed by an 8-member board of trustees and administered by the Director of Industrial Relations, to provide for the continuation of workers' compensation benefits delayed as a result of the failure of a private, self-insured employer to meet its compensation obligations when the employer's security deposit is either inadequate or not immediately accessible for the payment of benefits. Existing law requires every private, self-insuring employer to secure incurred liabilities for the payment of workers' compensation by making a deposit based on estimated future liability for compensation. Existing law authorizes an alternative security system established by regulations adopted by the director whereby private insurers can collectively secure their aggregate liabilities, as specified. This bill would distinguish between individual self-insured employers and groups of self-insured employers by creating a separate Self-Insured Group Security Fund for group self-insured employers that is similar to the existing Self-Insurers' Security Fund structure, which would continue, but only for individual self-insured employers. The bill would authorize a similar alternative security system to be established by regulations adopted by the director whereby group self-insured employers may collectively secure their aggregate liabilities, as specified. The bill would establish the Self-Insured Group Security Fund as a nonprofit mutual benefit corporation, governed by a 7-member board of trustees, and provide similar powers and authority as is provided to the existing Self-Insurers' Security Fund. The bill would make additional conforming changes. The bill would state the intent of the Legislature in this regard.
Who sponsors SB 487?
SB 487 is sponsored by Calderon.
What is the current status of SB 487?
This bill died with 2013-2014 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 487?
Track SB 487 free on One Click Politics — get push/email alerts when it moves.

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