(a) The subsequent injury fund is a dedicated account in the general revenue fund. Money in the account may be appropriated only for the purposes of this section or as provided by other law. Section 403.095, Government Code, does not apply to the subsequent injury fund.
(b) The subsequent injury fund is liable for:
(1) the payment of compensation as provided by Section 408.162;
(2) reimbursement of insurance carrier claims of overpayment of benefits made under an interlocutory order or decision of the commissioner as provided by this subtitle, consistent with the priorities established by rule by the commissioner;
(4) the reimbursement of an insurance carrier as provided by Section 408.0041(f-1).
(c) The commissioner shall appoint an administrator for the subsequent injury fund.
(d) Based on an actuarial assessment of the funding available under Section 403.007(e), the commissioner may make partial payment of insurance carrier claims under Subsection (b)(3).
Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993. Amended by Acts 2001, 77th Leg., ch. 1456, § 10.01, eff. June 17, 2001; Acts 2003, 78th Leg., ch. 211, § 2.01, eff. June 16, 2003; Acts 2003, 78th Leg., ch. 1296, § 5(a), eff. June 20, 2003.
Reenacted and amended by Acts 2005, 79th Leg., Ch. 265 (H.B. 7), § 3.014, eff. September 1, 2005.
Acts 2007, 80th Leg., R.S., Ch. 1150 (S.B. 1169), § 3, eff. September 1, 2007.