IDA LEG LLC Workers' Compensation

Published on: Mar 20, 2025

On Mar. 14, IDA LEG reported bill clarifying LLC member liability.

  • IDA LEG passed HB 64 clarifying obligations of LLC members to obtain insurance.
  • Amends IDA LEG 72-3-72-319 (Penalty for failure to secure compensation) re liability.
  • Added LLC members are liable for failure to obtain workers' compensation insurance.
  • Legislative History
  • On Jan. 28, 2025, bill introduced in the House; on Feb. 17, 2025, bill passed House.
  • On Feb. 18, 2025, bill introduced in Senate; on Mar. 10, 2025, bill passed the Senate.
  • On Mar. 14, 2025, reported bill signed on Mar. 13 by governor; assigned Chapter 66.
  • Effectiveness
  • Bill declares that an emergency exists, therefore bill will become effective Jul. 1, 2025.
Regulators
IDA LEG
Entity Types
Corp; Ins
Reference
Ch. 66, Bill HB64, 3/14/2025; Citation: IDA LEG 72-3;
Functions
Compliance; Legal; Operations
Countries
United States of America
Category
State
N/A
Products
Corporate; Insurance; Workers Comp
Rule Type
Final
Regions
Am
Rule Date
Mar 14, 2025
Effective Date
Jul 1, 2025
Rule ID
247486
Linked to
N/A
Reg. Last Update
Mar 14, 2025
Report Section
US Consumer