WC/Self-Insurance Association Amendments.
SB 306 amends North Carolina's laws governing the Self-Insurance Association to clarify definitions and establish the "Association Aggregate Security System" for covering workers' compensation claims. This system, funded by cash, bonds, or other financial instruments, is required for individual self-insurers but excludes group self-insurers from participation. The bill also sets a five-year deadline for filing claims against the Association after a former member's insolvency, meaning claims must be filed within five years of the court-established claims bar date. These changes directly affect individual self-insurers and the Association in North Carolina, ensuring clearer financial security requirements and claim timelines.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025
Last action Mar 18, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
The bill underwent minor formatting and procedural updates during its transition from filing to the first edition. The header information was standardized, the bill number was updated to reflect the official session version, and the bill was formally referred to the Senate Rules and Operations committee with a specific date. These changes are administrative and do not alter the substantive policy content of the bill.
TECHNICAL
Header formatting was updated to standardize the bill title, session information, and bill number format from 'DRS45168-LR-54A' to 'S306-v-1'.
The bill was formally referred to the Rules and Operations of the Senate committee with a specific date of March 18, 2025.
Minor text formatting adjustments were made to the introductory language of the bill, including spacing and punctuation in the act title and definitions section.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 18, 2025
Committee
Ref To Com On Rules and Operations of the Senate
upper
Mar 17, 2025
Introduced
Filed
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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