Georgia legislation · 2025-2026 Regular Session
Georgia HB1015: Self-insurers Guaranty Trust Fund; revise certain funded levels
Status: Signed into law, May 5, 2026
A BILL to be entitled an Act to amend Article 10 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to the Self-insurers Guaranty Trust Fund regarding workers' compensation, so as to revise certain funded levels of such fund; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Article 10 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to the Self-insurers Guaranty Trust Fund regarding workers' compensation, so as to revise certain funded levels of such fund; to repeal conflicting laws; and for other purposes.
From the introduced text:
A BILL TO BE ENTITLED To amend Article 10 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to the Self-insurers Guaranty Trust Fund regarding workers' compensation, so as to revise certain funded levels of such fund; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Article 10 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to the Self-insurers Guaranty Trust Fund regarding workers' compensation, is amended in Code Section 34-9-386, relating to assessment of participants, liability of fund and participants for claims, and revocation of participant's authority to be self-insured, by revising subsection (a) as follows: "(a)(1) The board of trustees shall, commencing January 1, 1991, assess each participant in accordance with paragraph (2) of this subsection. Upon reaching a funded level of $15 $25 million net of all liabilities, all annual assessments against participants who have paid at least three prior assessments shall cease except as specifically provided in paragraph (4) of this subsection. H. B. 1015 LC 52 0978 (2) Assessment for each new participant in the first calendar year of participation shall be $8,000.00. Thereafter, assessments shall be in accordance with paragraphs (3) and (4) of this subsection. (3) After the first calendar year of …
Sponsors
- Kay Kirkpatrick (R, 32) · primary sponsor
- William Werkheiser (R, 157) · primary sponsor
Latest actions
- : Effective Date
- : Act 386
- : House Date Signed by Governor
- : House Sent to Governor
- : Senate Passed/Adopted
- : Senate Third Read
- : Senate Read Second Time
- : Senate Committee Favorably Reported
- : Senate Read and Referred
- : House Passed/Adopted
Votes
- Senate Vote #897 (March 31, 2026): 46 yea, 1 nay, passed
- House Vote #495 (February 10, 2026): 165 yea, 3 nay, passed
Common questions
- What is HB1015?
- HB1015 is a bill in the Georgia Legislature (2025-2026 Regular Session): Self-insurers Guaranty Trust Fund; revise certain funded levels.
- What does HB1015 do?
- In its own words: To amend Article 10 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to the Self-insurers Guaranty Trust Fund regarding workers' compensation, so as to revise certain funded levels of such fund; to repeal conflicting laws; and for other purposes.
- What is the status of HB1015?
- Signed into law as of May 5, 2026. Latest action: Effective Date (July 1, 2026).
- Who sponsored HB1015?
- Kay Kirkpatrick (R, 32), with 1 co-sponsor.
- Where is the official record for HB1015?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/72343
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.