Provides personal liability for owner, executive officer, or executive director of employer for failure to pay for workers' compensation coverage.

This bill modifies the Uninsured Employer's Fund, which pays workers' compensation awards when employers fail to provide coverage. It changes how an annual surcharge is calculated and collected from insurance policyholders and self-insured employers to maintain the fund. The bill also clarifies that both employers and their principal owners can be held jointly and severally liable for penalties and payments into the fund.

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