On Jun. 26, DEL LEG proposed to amend workplace safety program.
DEL LEG passed SB 306 related to Delaware workplace safety program eligibility.
Provisions amended DEL LEG 19-23-2379, workers' comp workplace safety program.
Bill Provisions
Qualifying employers who pay $3,161 or more in annual workers' comp premiums may be eligible for lower ins premiums under workplace safety program under current law.
Changed criteria to employers who currently qualify for the uniform experience rating plan as approved by DEL INS or who otherwise qualify for program per parameters.
Formula for calculating safety credits will incorporate amounts determined DEL INS.
In determining safety credits for a qualified employer that was not experience-rated in the policy period expiring immediately prior to application of the safety credit.
Legislative History
On May 16, 2024, bill was introduced in Senate; on Jun. 11, 2024, bill passed Senate.
On Jun. 12, 2024, bill was introduced in House; on Jun. 26, 2024, bill passed House.
Effectiveness
Act becomes effective 6 months after enactment into law.
JUL. 2024 DEL LEG Bill Approval
On Jul. 17, 2024, DEL LEG reported governor signed SB 306, effective Jan. 17, 2025.
Regulators
DEL LEG
Entity Types
Corp; Ins
Reference
Bill, 7/17/2024; Bill SB306, 6/26/2024; Citation: DEL LEG 19-23-2379;
