This bill amends the Worker's Disability Compensation Act of 1969 by adding a new section, Sec. 409, which establishes the post-traumatic stress injury fund within the state treasury. The state treasurer is responsible for depositing funds into this account, managing investments, and ensuring that interest and earnings are credited to the fund. The director of the fund will oversee audits and is authorized to expend money from the fund for claims related to post-traumatic stress injuries and for administrative costs.

Additionally, the bill outlines procedures for managing claims when the fund's resources are insufficient, including a notification process to the legislature regarding potential shortfalls. The director is also required to submit an annual report detailing claims received, claims paid, and administrative costs, as well as an estimate of future costs and potential shortfalls. The post-traumatic stress injury fund will have the same rights as an employer or carrier under the act. The enactment of this bill is contingent upon the passage of related Senate or House bills.

Statutes affected:
House Introduced Bill: 418.101, 418.941