WILLIAM DONALD SCHAEFER, Governor                   Ch. 206

Annotated Code of Maryland

(1985 Replacement Volume and 1987 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 101 - Workmen's Compensation

66.

(2) (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, 1963 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) THE WORKMEN'S COMPENSATION COMMISSION SHALL ROUND
OFF EACH ASSESSMENT IMPOSED UNDER THIS SUBSECTION TO THE NEAREST
WHOLE DOLLAR.

[(b)] (C) 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)] (D) 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 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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