Haw. Rev. Stat. § 383-61.5

Current through Chapter 253 of the 2024 Legislative Session
Section 383-61.5 - Special assessments on employers to pay interest on loans from Secretary of Labor

Whenever the State requests a loan from the Secretary of Labor in accordance with title XII of the Social Security Act to pay expected benefit claims during a specified period of time, the director may assess all employers the amounts that are sufficient to pay the principal and interest costs on the loan; provided that the director develops a mechanism of distributing these payments among employers in a fair and equitable manner.

HRS § 383-61.5

L 2010, c 2, §1 .