NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

CHAPTER 1103

SENATE BILL 1234

AN ACT TO AMEND THE WORKMEN'S COMPENSATION ACT REGARDING THE MAXIMUM AMOUNT OF WEEKLY BENEFITS.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 97-29 is hereby amended by adding to the end of such section a new paragraph to read as follows:

"Notwithstanding any other provision of this Article, beginning August 1, 1975, and on August 1 of each year thereafter, a maximum weekly benefit amount shall be computed. The amount of this maximum weekly benefit shall be derived by obtaining the average weekly insured wage in accordance with G.S. 96-8(22) and by rounding such figure to its nearest multiple of two dollars ($2.00), and this said maximum weekly benefit shall be applicable to all injuries and claims arising on and after November 1 following such computation. Such maximum weekly benefit shall apply to all provisions of this Chapter effective August 1, 1975, and shall be adjusted August 1 and effective October 1 of each year thereafter as herein provided."

Sec. 2.  This act shall become effective October 1, 1975, and shall only apply to cases arising on and after October 1, 1975.

In the General Assembly read three times and ratified, this the 3rd day of April, 1974.