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HRS §386-154.5

Special assessments for 1972 and 1973

This section sets special assessments that certain insurers and employers had to pay for the years 1972 and 1973 only. The amounts are based on premiums or special charges, and payments were due within 30 days of getting notice. It is a historical provision that no longer applies to current years.

employers

The statute, as written — Special assessments

(a) For the calendar year 1972 only, insurers of employers as defined in section 386-121(a)(1) shall pay a special assessment of one and one-quarter per cent on gross premiums as defined in section 431:7-202(a) and in accordance with the provisions of section 386-153. For the calendar year 1973 only, such insurers shall pay a special assessment established by rule of the director not to exceed 1.6 times the 1972 special assessment. (b) For the calendar year 1972 only, employers not insured under section 386-121(a)(1) shall pay a special assessment equal to 1.67 times the special charge as defined and in accordance with the provisions of section 386-154. For the calendar year 1973 only, such employers shall pay a special assessment established by rule of the director not to exceed 1.6 times the 1972 special assessment. (c) The assessments under this section shall be paid within thirty days from the receipt of notification by the department of commerce and consumer affairs.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§386-121 How employers must secure workers' compensation payments

§431:7-202 Insurance company taxes on premiums and profits

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.