CAL LEG Disability Via Prepaid Card

On Jul. 13, CAL LEG signed bill on workers' comp disability payments.

  • CAL LEG enacted AB 489 relating to workers' compensation disability payments.
  • Bill Provisions
  • Makes amendments to California Labor Code (LAB) section CAL LEG 4-2-2-3-4651.
  • Extends authorization to deposit indemnity payments in a prepaid card account until Jan. 1, 2025 for employee compensation for injuries sustained during employment.
  • Legislative History
  • On Feb. 7, 2023, bill introduced in Assembly; on Apr. 27, 2023, bill passed Assembly.
  • On Apr. 27, 2023, bill was introduced in Senate; on Jun. 29, 2023, bill passed Senate.
  • On Jul. 11, 2023, bill presented to governor; Jul. 13, 2023 bill approved by governor.
  • Effectiveness
  • Chaptered as Chapter 63, Statutes of 2023; bill becomes effective Jan. 1, 2025.

Regulators CAL LEG
Entity Types CNSM; Corp
Reference Bill, AB489, Ch. 63, 7/13/2023; Citation: CAL LEG 4-2-2-3-4651;
Functions Claims/Accelerated Benefits; Compliance; HR; Legal; Operations; Product Administration
Countries United States of America
Category
State
Products Cards; Corporate; Disability
Regions Am
Rule Type Final
Rule Date 7/13/2023
Effective Date 1/1/2025
Rule Id 179303
Linked to N/A
Reg. Last Update 7/13/2023
Report Section US Consumer

Last substantive update on 07/17/2023