Sec. 2. (a) Not later than December 31, 2022, the department shall:

(1) issue a request for proposals in the manner set forth under IC 5-22-9 for the purpose of contracting with a company to provide; or

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(2) enter into a memorandum of understanding:

(A) with a statewide entity that represents business interests in multiple industries; and

(B) that provides that the entity agrees to facilitate the procurement of;

adequate employer liability and worker’s compensation insurance coverage for an employer described in section 3 of this chapter.

     (b) The total amount of funds that the department may expend to implement this section must be less than one hundred thousand dollars ($100,000).

As added by P.L.140-2022, SEC.2.