|Date Requested:January 13, 2011
Time Requested:01:39 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
| Unable to adequately price the proposal given the uncertainty of the definition and process for determining if an injury is “foreseeable”. Also, uncertain if the changes are intended to be retroactive. If retroactive, the changes could materially impact the state’s Old Fund liability claims, but to what degree is subject to the definition of a foreseeable injury. If assumed that the determination of a foreseeable injury is made at the Office of Judges, would anticipate additional transaction related costs.
• Workers compensation benefits are tax exempt. The proposal may result in a claimants indemnity payment (wage replacement) exceeding the after tax compensation/indemnity received prior to the injury.