Introduced
by
To impose licensure, regulation, training, apprenticeship, testing requirements, and annual license fees of $100 with a $250 application fee on professional employer organizations (PEOs). PEOs are companies that "lease" employees to other firms on a long term basis but remain the employer of record for purposes of paying payroll taxes.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details, including raising the proposed annual license fees to $1,500.
The substitute passed by voice vote
Passed in the Senate 36 to 0 (details)
To impose licensure, regulation, training, apprenticeship, testing requirements, working capital and bonding requirements, and annual license fees of $1,500 (plus a $1,500 application fee) on professional employer organizations (PEOs). PEOs are companies that "lease" employees to other firms on a long term basis but remain the employer of record for purposes of paying payroll taxes.
Referred to the Committee on Regulatory Reform
Passed in the House 66 to 26 (details)
