WILLIAM DONALD SCHAEFER, Governor

Article 101 - Workmen's Compensation

66.

(2) [The Workmen's Compensation Commission shall assess an
amount equal to five per centum (5%) on all awards rendered
against such employer, or if insured, his insurance carrier, or
the State Accident Fund, for permanent disability and death,
including awards for disfigurement and mutilation and also on all
amounts payable by an employer and his insurance carrier or the
State Accident Fund in pursuance to settlement agreements
approved by the Commission, as to awards and settlement
agreements approved on and after June 1, 1963 to be made payable
to the Subsequent Injury Fund.]

(A)  THE WORKMEN'S COMPENSATION COMMISSION SHALL
ASSESS A PERCENTAGE AMOUNT, TO BE MADE PAYABLE TO THE SUBSEQUENT
INJURY FUND, ON ALL AWARDS RENDERED AGAINST AN EMPLOYER, OR, IF
INSURED, THE EMPLOYERS INSURANCE CARRIER OR THE STATE ACCIDENT
FUND, FOR PERMANENT DISABILITY AND DEATH, INCLUDING AWARDS FOR
DISFIGUREMENT AND MUTILATION AND ALSO ON ALL AMOUNTS PAYABLE BY
AN EMPLOYER OR HIS INSURANCE CARRIER OR STATE ACCIDENT FUND
PURSUANT TO SETTLEMENT AGREEMENTS APPROVED BY THE COMMISSION AS
FOLLOWS:

(I)  5 PERCENT AS TO AWARDS AND SETTLEMENT
AGREEMENTS APPROVED ON AND AFTER JUNE 1, 196 3 AND PRIOR TO JULY
1, 1987; AND

(II)  6 1/2 PERCENT AS TO ALL AWARDS AND
SETTLEMENT AGREEMENTS APPROVED ON AND AFTER JULY 1, 1987.

(B)  These payments shall be in addition to any
payment of compensation to employees who are injured or sustain
an occupational disease or their dependents otherwise provided in
this article.

(C)  The Director of the Subsequent Injury Fund shall
promptly remit all such payments received by it to the Treasurer
of the State of Maryland, to be held, managed and disbursed by
him, as hereinafter provided. These payments received by the
Treasurer from the [Workmen's Compensation Commission] SUBSEQUENT
INJURY FUND shall constitute a special indemnity fund to be known
as the "Subsequent Injury Fund." Such fund shall consist of the
payments above referred to, together with any money or securities
acquired by gift from the United States of America, or otherwise,
and interest earned through the use of money belonging to the
fund, all of which is hereinafter referred to as the "fund." The
fund shall be disbursed by the Treasurer only for the purposes
stated in this section, and shall not at any time be appropriated
or diverted to any other use or purpose. The obligation of the
bond of the Treasurer shall contain a provision securing the
protection of the fund. The Treasurer shall invest any surplus

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