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342.1241 Legislative findings and declarations on Kentucky coal workers'
pneumoconiosis fund.
(1) The General Assembly finds and declares that the awards of workers' compensation
benefits for coal workers' pneumoconiosis (black lung) have placed a substantial <br>financial burden on all employers of the Commonwealth through the special fund <br>assessments imposed on all employers to cover the liabilities of the special fund.
(2) The General Assembly finds and declares that the purpose of creating the Kentucky
Coal Workers' Pneumoconiosis Fund in KRS 342.1242 is to assure that liabilities <br>incurred as a result of workers' compensation awards for coal workers' <br>pneumoconiosis with dates of last exposure after December 12, 1996, shall be the <br>financial responsibility of employers engaged in severance and processing of coal.
(3) Therefore, it is the intent of the General Assembly in imposing the assessments
required in KRS 342.1242(3)(a) and (b) to assure that liabilities incurred as a result <br>of workers' compensation awards for coal workers' pneumoconiosis with dates of <br>last exposure after December 12, 1996, shall be the financial responsibility of <br>employers engaged in the severance and processing of coal.
Effective: July 15, 2002 <br>History: Amended 2002 Ky. Acts ch. 246, sec. 7, effective July 15, 2002. -- Created
1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 75, effective December 12, 1996.
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