Iowa SSB3107 increases the annual reimbursement for the attorney general's services related to the second injury fund for workers' compensation.

Iowa SSB3107 amends the reimbursement for the attorney general's services related to the second injury fund for workers' compensation, raising the maximum annual amount from $450,000 to $900,000. The bill also mandates that the reimbursement amount be adjusted annually to reflect any increase in the consumer price index, rounded to the nearest five dollars. This adjustment ensures the reimbursement keeps pace with inflation. The commissioner of insurance must consider this reimbursement when determining funding availability.

Iowa SSB3107 increases the annual reimbursement for the attorney general's services related to the second injury fund for workers' compensation.

Iowa SSB3107 amends the reimbursement for the attorney general's services related to the second injury fund for workers' compensation, raising the maximum annual amount from $450,000 to $900,000. The bill also mandates that the reimbursement amount be adjusted annually to reflect any increase in the consumer price index, rounded to the nearest five dollars. This adjustment ensures the reimbursement keeps pace with inflation. The commissioner of insurance must consider this reimbursement when determining funding availability.