Special assessments on employers to pay interest on loans from Secretary of Labor
HRS §383-61.5
in effect383-61.5. 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.
[L 2010, c 2, §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol07_Ch0346-0398/HRS0383/HRS_0383-0061_0005.htmFetched: 11/10/2026
