SB 503 Workers' compensation; self-insurance.
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Summary:
Workers' compensation; self-insurance. Provides that for any debt/equity ratio minimum standard required of an employer for certification as an individual self-insurer (for workers' compensation insurance, pursuant to 65.2-801 and the regulations thereunder), a debt/equity ratio of 2:2 or less is deemed satisfactory.

Full text:
01/22/96  Senate: Presented & ordered printed 960639681  pdf
02/27/96  Senate: Bill text as passed Senate and House (SB503ER)  pdf
03/19/96  Governor: Acts of Assembly Chapter text (CHAP0181)  pdf

Status:
01/22/96  Senate: Presented & ordered printed 960639681
01/22/96  Senate: Referred to Committee on Commerce and Labor
01/29/96  Senate: Reported from Commerce and Labor (15-Y 0-N)
01/30/96  Senate: Const. reading disp. (40-Y 0-N), passed by for the day
01/30/96  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
01/31/96  Senate: Read second time and engrossed
02/01/96  Senate: Read third time and passed Senate (39-Y 0-N)
02/01/96  Senate: VOTE: PASSAGE (39-Y 0-N)
02/01/96  Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
02/01/96  Senate: VOTE: RECONSIDER (40-Y 0-N)
02/01/96  Senate: Passed Senate (40-Y 0-N)
02/01/96  Senate: VOTE: PASSAGE (40-Y 0-N)
02/01/96  Senate: Communicated to House
02/02/96  House: Placed on Calendar
02/05/96  House: Read first time
02/05/96  House: Referred to Committee on Commerce and Labor
02/19/96  House: Reported from Labor and Commerce (22-Y 0-N)
02/20/96  House: Read second time
02/21/96  House: Read third time
02/21/96  House: Passed House (Block Vote) (98-Y 0-N)
02/21/96  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/27/96  Senate: Bill text as passed Senate and House (SB503ER)
03/04/96  Senate: Enrolled
03/04/96  House: Signed by Speaker
03/05/96  Senate: Signed by President
03/11/96  Governor: Approved by Governor-Chapter 181 (effective 7/1/96)
03/19/96  Governor: Acts of Assembly Chapter text (CHAP0181)