MISSISSIPPI LEGISLATURE
2020 Regular Session
To: Insurance
By: Representative Chism
AN ACT TO AMEND SECTION 71-3-73, MISSISSIPPI CODE OF 1972, TO INCREASE THE ASSESSED AMOUNT PAID BY AN EMPLOYER OR ITS INSURANCE CARRIER IN EVERY CASE OF COMPENSABLE DEATH OF AN EMPLOYEE TO BE DEPOSITED INTO THE SECOND INJURY TRUST FUND; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 71-3-73, Mississippi Code of 1972, is amended as follows:
71-3-73. (1) If an employee who has previously lost, or lost the use of, one (1) hand, one (1) arm, one (1) foot, one (1) leg, or one (1) eye, becomes permanently and totally incapacitated through the loss, or loss of use, of another member or organ, the employer shall be liable only for the compensation payable for such second injury. In addition to such compensation and after the completion of the payment therefor, the employee shall be paid the remainder of the compensation that would be due for permanent total incapacity, out of a special fund known as the "Second Injury Trust Fund," and created for such purpose in the following manner:
In every * * * claim involving the
death of an employee under this chapter, the employer or, if insured, * * * its insurance carrier shall pay to
the commission * * * One Thousand Dollars ($1,000.00) to be
deposited with the State Treasurer for the benefit of * * * the Second Injury Trust Fund. * * * The One Thousand Dollar
($1,000.00) per death payments shall be suspended when the total amount in the
fund, including accumulated interest, exceeds Seven Hundred Fifty Thousand
Dollars ($750,000.00), and no further contributions to * * * the fund shall be made * * *
until the total amount in the fund, including accumulated interest, because
of payments made pursuant to this section falls below Four Hundred Thousand
Dollars ($400,000.00). The commission shall direct the distribution of
payments from the fund.
(2) During fiscal year 2017 and thereafter, the Workers' Compensation Commission shall have full authority to assess employers or insurers the amounts provided in this section for deposit into the Second Injury Trust Fund, however, such funds shall not be used for the support of the agency.
SECTION 2. This act shall take effect and be in force from and after July 1, 2020.