Bill Text: MI SB0927 | 2023-2024 | 102nd Legislature | Engrossed
Bill Title: Worker's compensation: other; issuance of policy; modify. Amends sec. 625 of 1969 PA 317 (MCL 418.625).
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed) 2024-06-20 - Referred To Committee On Appropriations [SB0927 Detail]
Download: Michigan-2023-SB0927-Engrossed.html
SENATE BILL NO. 927
A bill to amend 1969 PA 317, entitled
"Worker's disability compensation act of 1969,"
by amending section 625 (MCL 418.625), as amended by 2012 PA 83.
the people of the state of michigan enact:
Sec. 625. (1) Each insurer mentioned in section 611 issuing that issues an insurance policy covering worker's compensation in this state shall file with the director, within not later than 30 days after the effective date of the policy, a notice of the issuance of the policy and its effective date of the policy. A An insurer or the Compensation Advisory Organization of Michigan on behalf of the insurer may submit to the director all of the following notices in writing or by using agency-approved electronic filing and transaction standards:
(a) A notice of issuance of insurance. , a
(b) A notice of termination of insurance. , or a
(c) A notice of employer name change. may be submitted in writing or by using agency-approved electronic filing and transaction standards and may be submitted by the insurer directly or by the compensation advisory organization of Michigan on behalf of the insurer. Payment shall not be required by the agency or any third party for the use of agency-approved electronic record layout and transaction standards under this act. Time requirements for notices under this act apply whether the notices are filed by the insurer or the compensation advisory organization Compensation Advisory Organization of Michigan. If the policy covers persons who a person that would otherwise be exempted from this act by under section 115, the notice shall must contain a specific statement to that effect. A notice is not required of any an insurer if the policy issued is a renewal of the preceding policy. The An insurer , if it that refuses to accept any coverage under this act , shall do so must put the refusal in writing.
(2) The agency or a third party shall not require payment for the use of agency-approved electronic record layout and transaction standards under this act.
(3) The director shall promulgate rules under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, to establish both of the following:
(a) A filing fee for a notice described in subsection (1).
(b) A system for the collection of a filing fee.
