| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 84R695 JSC-D | |
| 2 | 2 | By: Ellis S.B. No. 262 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to requirements for employers who do not obtain workers' | |
| 8 | 8 | compensation insurance coverage under the Texas Workers' | |
| 9 | 9 | Compensation Act; providing an administrative violation. | |
| 10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Subchapter A, Chapter 406, Labor Code, is | |
| 12 | 12 | amended by adding Section 406.0025 to read as follows: | |
| 13 | 13 | Sec. 406.0025. LIFE INSURANCE COVERAGE REQUIRED FOR | |
| 14 | 14 | NONSUBSCRIBING EMPLOYERS. (a) An employer who does not obtain | |
| 15 | 15 | workers' compensation insurance coverage must obtain life | |
| 16 | 16 | insurance coverage for each employee with a death benefit of not | |
| 17 | 17 | less than $200,000. | |
| 18 | 18 | (b) An employer may not be a beneficiary of a policy | |
| 19 | 19 | described by Subsection (a). | |
| 20 | 20 | (c) Acceptance of a death benefit paid by a life insurance | |
| 21 | 21 | policy under this section does not affect the right of the | |
| 22 | 22 | beneficiary or other person to bring a civil action against the | |
| 23 | 23 | employer. | |
| 24 | 24 | (d) An employer commits an administrative violation if the | |
| 25 | 25 | employer fails to comply with this section. | |
| 26 | 26 | SECTION 2. Section 406.004(b), Labor Code, is amended to | |
| 27 | 27 | read as follows: | |
| 28 | 28 | (b) The commissioner shall prescribe forms to be used for | |
| 29 | 29 | the employer notification and shall require the employer to | |
| 30 | 30 | provide: | |
| 31 | 31 | (1) reasonable information to the division about the | |
| 32 | 32 | employer's business; and | |
| 33 | 33 | (2) proof of the employer's compliance with Section | |
| 34 | 34 | 406.0025. | |
| 35 | 35 | SECTION 3. This Act takes effect January 1, 2016. |