2014 -- H 7883

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LC005076

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

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A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- COMMERCE CORPORATION--

WORKERS' COMPENSATION SUBSIDY

     

     Introduced By: Representative Arthur Handy

     Date Introduced: March 06, 2014

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 42-64 of the General Laws entitled "Rhode Island Commerce

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Corporation" is hereby amended by adding thereto the following section:

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     42-64-40. Workers' compensation subsidy program. – (a) The director, in cooperation

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with the director of labor and training, shall establish a program that offers businesses with ten

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(10) or less employees a subsidy to assist in the payment of workers' compensation insurance

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coverage for newly hired apprentices during their first year of employment.

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     (b) The sum of one million dollars ($1,000,000) shall be appropriated to cover the cost of

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this program.

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     SECTION 2. This act shall take effect upon passage.

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LC005076

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO STATE AFFAIRS AND GOVERNMENT -- COMMERCE CORPORATION--

WORKERS' COMPENSATION SUBSIDY

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     This act would establish a program that offers businesses with ten (10) or less employees

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a subsidy to assist in the payment of workers' compensation insurance coverage for newly hired

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apprentices during their first year of employment.

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     This act would take effect upon passage.

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LC005076

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