HB 17-1119

HB 17-1119, also known as the "Colorado Uninsured Employer Act," is a law that helps workers who get hurt on the job when their employer doesn't have proper insurance. It sets up a fund called the Colorado Uninsured Employer Fund, which collects money from employers who don’t carry workers' compensation insurance and uses it to pay for injured workers’ claims. The bill also creates an uninsured employer board to manage this fund and set rules for how it operates. This law affects both employers who fail to provide required workers' compensation insurance and the employees who get hurt while working for such employers. Since the status of the bill is "signed," it means that the governor has approved it, making it a legal requirement in Colorado now.

Official Summary

The bill creates the 'Colorado Uninsured Employer Act' to create a new mechanism for the payment of covered claims to workers who are injured while employed by employers who do not carry workers' compensation insurance. The bill creates the Colorado uninsured employer fund, which consists of penalties from employers who do not carry workers' compensation insurance. The bill creates the uninsured employer board to establish the criteria for the payment of benefits, to set rates, to adjust claims, and to adopt rules. The board is required to adopt, by rule, a plan of operation to administer the fund and to institute procedures to collect money due to the fund. (Note: This summary applies to this bill as introduced.)

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