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No. 76 Page 48 of 74 2023

VT LEG #371318 v.1 Sec. 35. DEPENDENT BENEFIT INCREASE; IMPACT; REPORT On or before January 15, 2027, the Commissioner of Labor, in consultation with the Commissioner of Financial Regulation, shall submit a written report to the Senate Committee on Economic Development, Housing and General Affairs and the House Committee on Commerce and Economic Development regarding the impact of the increase in the dependent benefit enacted pursuant to Secs. 31 and 33 of this act on the workers’ compensation system. The report shall include an estimate of the number of claims that have received additional benefits as a result of the increase and the additional cost to the workers’ compensation system of the additional dependent benefits. Sec. 36. 21 V.S.A. § 650 is amended to read: § 650. PAYMENT; AVERAGE WAGE; COMPUTATION * * * (d)(1) Compensation computed pursuant to this section shall be adjusted annually on July 1, so that such the compensation continues to bear the same percentage relationship to the average weekly wage in the State as computed under this chapter as it did at the time of injury. (2) Temporary total or temporary partial compensation shall first be adjusted on the first July 1 following the receipt of 26 weeks of benefits. (3) Permanent total and permanent partial compensation shall be adjusted for each July 1 following the date of injury regardless of whether indemnity benefits were paid on each intervening July 1.

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Page 48

Official source

No. 76 Page 48 of 74 2023

VT LEG #371318 v.1 Sec. 35. DEPENDENT BENEFIT INCREASE; IMPACT; REPORT On or before January 15, 2027, the Commissioner of Labor, in consultation with the Commissioner of Financial Regulation, shall submit a written report to the Senate Committee on Economic Development, Housing and General Affairs and the House Committee on Commerce and Economic Development regarding the impact of the increase in the dependent benefit enacted pursuant to Secs. 31 and 33 of this act on the workers’ compensation system. The report shall include an estimate of the number of claims that have received additional benefits as a result of the increase and the additional cost to the workers’ compensation system of the additional dependent benefits. Sec. 36. 21 V.S.A. § 650 is amended to read: § 650. PAYMENT; AVERAGE WAGE; COMPUTATION * * * (d)(1) Compensation computed pursuant to this section shall be adjusted annually on July 1, so that such the compensation continues to bear the same percentage relationship to the average weekly wage in the State as computed under this chapter as it did at the time of injury. (2) Temporary total or temporary partial compensation shall first be adjusted on the first July 1 following the receipt of 26 weeks of benefits. (3) Permanent total and permanent partial compensation shall be adjusted for each July 1 following the date of injury regardless of whether indemnity benefits were paid on each intervening July 1.