HOUSE BILL No. 1218
DIGEST OF INTRODUCED BILL
Citations Affected: IC 22-4.1-22.
Synopsis: Bonding at risk job seekers. Establishes a state sponsored
fidelity bonding program, administered by the department of workforce
development, to extend protection against financial losses for an
additional six months for employers who have hired job seekers with
at risk backgrounds and bonded them under the federal bonding
Effective: July 1, 2013.
January 10, 2013, read first time and referred to Committee on Insurance.
First Regular Session 118th General Assembly (2013)
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HOUSE BILL No. 1218
A BILL FOR AN ACT to amend the Indiana Code concerning labor
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 22-4.1-22; (13)IN1218.1.1. -->
SECTION 1. IC 22-4.1-22 IS ADDED TO THE INDIANA CODE
AS A NEW
CHAPTER TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2013]:
Chapter 22. Hoosier Bonding Program
Sec. 1. As used in this chapter, "employer" means an individual,
corporation, partnership, limited liability company, or other legal
(1) has at least one (1) employee; and
(2) is legally doing business in Indiana.
Sec. 2. As used in this chapter, "federal bonding program"
means the program sponsored by the United States Department of
Labor to provide fidelity bonds for at risk, hard to place job
Sec. 3. As used in this chapter, "program" refers to the Hoosier
bonding program established under section 4 of this chapter.
Sec. 4. The Hoosier bonding program is established to provide
at least six (6) months of coverage against financial losses without
cost to an employer that:
(1) hires a job seeker with a criminal history or other at risk
factor in the job seeker's background; and
(2) completes at least six (6) months of participation in the
federal bonding program for an employee described in
subdivision (1) without filing a claim.
Sec. 5. (a) The department shall administer the program.
(b) The department may adopt rules under IC 4-22-2 to
establish, implement, and maintain the program. However, the
program must at least meet the requirements established for the
federal bonding program.
Sec. 6. The department may contract with one (1) or more
insurance companies or agents to provide fidelity bonds for the
program or to assist in managing the program.