Researcher: AS Page 1 3/24/25 OLR Bill Analysis HB 7046 AN ACT MAKING REVISIONS TO THE SECOND INJURY FUND. SUMMARY Under current law, the Second Injury Fund (SIF) deducts recoveries from third party tortfeasors when calculating its paid losses. This bill specifies that this deduction is for actual recoveries from a third party that was liable in tort for an employee’s injury. By law, the SIF is supported by an assessment on insured and self- insured employers that is based on the SIF’s calculation of paid losses. EFFECTIVE DATE: Upon passage BACKGROUND Second Injury Fund The SIF is a state-run workers’ compensation fund financed by state employers and operated by the state treasurer. Among other things, the fund pays or contributes to workers’ compensation benefits for workers with preexisting disabilities who are reinjured (second injuries), whose employers are uninsured, or who worked more than one job when injured. The fund was closed to second injuries that occurred on or after July 1, 1995. COMMITTEE ACTION Labor and Public Employees Committee Joint Favorable Yea 13 Nay 0 (03/06/2025)