This bill amends Section 35-4-27 of the General Laws to add the Workers' Compensation Administrative Fund, the Rhode Island Uninsured Employers' Fund, and the Rhode Island Uninsured Protection Fund to the list of restricted receipt accounts that are not subject to indirect cost recoveries. Indirect cost recoveries of 10% of cash receipts are transferred from restricted receipt accounts to the general fund, but this transfer does not apply to certain accounts. The bill specifies that the newly added accounts are exempt from this transfer. The bill would take effect upon passage.

Statutes affected:
5401: 35-4-27