Lawmakers Pass Bill to Increase UEF Assessment

Maryland lawmakers on Wednesday passed a bill that would increase a special assessment for the Uninsured Employers' Fund to 1.5% from 1% to ensure the stability and solvency of the program. The Senate voted 34-13 to pass House Bill 193, by the House Economic Matters Committee, and send the bill to the governor. The measure has not been amended since the House voted 101-37 to pass it March 11. Maryland's Uninsured Employers' Fund is financed by a 1% assessment on permanent disability and death benefit awards against employers, as well as amounts payable under settlement agreements...