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TITLE 28 - INSURANCE
PART 4 - STATE OFFICE OF RISK MANAGEMENT
CHAPTER 251 - STATE EMPLOYEES--WORKERS' COMPENSATION
SUBCHAPTER E - RISK ALLOCATION PROGRAM
SECTION/RULE §251.519 - Distribution of Existing Claim Fund Appropriation
Chapter Review Date 05/05/2000

(a) The Office will make recommendations to the Comptroller of Public Accounts regarding the distribution of funds appropriated to the Office for FY2003.(b) The amount distributed to each agency will be calculated to make the assessment "revenue neutral" as it impacts general revenue funds held in the state treasury.(c) The Office will recommend an amount be distributed to an agency calculated by subtracting from the agency's assessment the amount of the agency's liability for reimbursement of actual paid workers' compensation losses in FY2000 and the amount of the expected Risk Management contract which would have been charged without the change in funding methods. That total will be multiplied by the percentage of actual re-appropriation for the assessment approved by the Comptroller of Public Accounts for FY2002 to maintain a revenue neutral status for general revenue funds in FY2003.

Source Note: The provisions of this §251.519 adopted to be effective October 8, 2001, 26 TexReg 7877; amended to be effective November 17, 2002, 27 TexReg 10600.

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