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Wolf Wants $145 Million From Comp Fund to Go to Business Grants

Monday, December 28, 2020 | 0

Pennsylvania Gov. Tom Wolf is asking lawmakers to transfer $145 million from the Workers' Compensation Security Fund to be used as grants to small businesses hit by the pandemic recession. “The legislature has the authority to establish grant agreements for purposes it deems appropriate, in this case, to support businesses adversely affected by the pandemic,” reads a news release from the governor's office. The Security Fund, controlled by the state Insurance Department, was established in 1937 to cover claims when the insurer is placed into liquidation...

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