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| 3. Source of fund. The loan fund shall be is established and | maintained by funds received from the following: |
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| A. Repayments of loans made by the loan fund and accrued | interest on those loans; |
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| B. Interest, income and dividends from investments made by | the Treasurer of State under subsection 1; and |
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| C. Payments pursuant to subparagraph (1). |
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| (1) The commissioner shall assess a levy based on the | total actual workers' compensation premiums paid in | 1984 by employers under former Title 39, the Workers' | Compensation Act or under Title 39-A, Part 1, the Maine | Workers' Compensation Act of 1992. As soon as | practicable after July 1, 1985, the commissioner shall | assess upon and collect from each insurance carrier | licensed to do workers' compensation business in the | State an amount equal to 1/2 of 1% of the total | workers' compensation insurance premiums paid to that | insurance carrier during 1984 by employers in the | State. The levy assessment constitutes an element of | loss for the purpose of establishing rates for workers' | compensation insurance. |
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| (a) The Commissioner of Labor shall send notice of | the assessments by certified mail to each carrier | and self-insured employer. Payment of assessments | must be received in the principal office of the | Department of Labor before a date specified in the | notice, but not more than 90 days after the date | of the mailing. |
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| | Sec. O-2. 26 MRSA §63, first ¶, as amended by PL 2001, c. 398, Pt. B, | §3, is further amended to read: |
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| | The department may administer a statewide program to make low | interest low-interest loans, interest rate subsidies for loans | and to make grants to improve safety and promote healthful | working conditions in factories, workshops and workplaces in this | State. This program is known as the Occupational Safety Loan | Program. |
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| | Sec. O-3. 26 MRSA §63, sub-§1, as amended by PL 1991, c. 93, §3, is | further amended to read: |
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| | 1. Criteria for loans and loans receiving interest rate | subsidies. The department shall promulgate adopt rules to |
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