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KANSAS STATUTES AND CODES
44-587. Same; group-funded workers' compensation pools fee fund; expense of administration; assessments.
44-587
44-587. Same; group-funded workers' compensationpools fee fund; expense of administration; assessments.The expense of the administration of the group-funded workers'compensation pools shall be financed in the following manner:
(a) There is hereby created in the state treasury a fund to be calledthe group-funded workers' compensation pools fee fund. All amounts whichare required to be paid from the group compensation pools fee fund for theoperating expendituresincident to the administration of the group-funded workers' compensationpools shall be paid from the group-funded workers' compensation pools feefund. The commissioner of insurance shall be responsible for administeringthe group-funded workers' compensation pools fee fund and all payments fromthe fund shall be upon warrants of the directorof accounts and reports issued pursuant to vouchers approved by thecommissionerof insurance or a person or persons designated by the commissioner.
(b) The commissioner of insurance shall estimate as soon as practicalafter January 1 of each year the expenses necessary for the administrationof the group-funded workers' compensation pools for the fiscal year beginningon July 1 thereafter. Not later than June 1 of each year, the commissionerof insurance shall notify all such group-funded workers' compensationpools of the amount of each assessment imposed under this subsection onsuch group-funded workers' compensation pools and the same shall be dueand payable to the commissioner on the July 1 following.
(c) The commissioner of insurance shall remit all moneys received by orfor such commissioner under this section to the state treasurer inaccordance with the provisions of K.S.A. 75-4215, and amendments thereto.Upon receiptof each such remittance, the state treasurer shalldeposit theentire amountin the state treasury to the credit of the group-funded workers'compensation pools fee fund.
History: L. 1983, ch. 166, § 7;L. 2001, ch. 5, § 140; July 1.