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HB2092: Setting the time for professional employer organization registration expiration, renewal and the filing of audits with the secretary of state, limiting the method of providing surety for professional employer organizations with insufficient working capital to bonds and eliminating a market value measure of the sufficiency of such bonds.
Passed BothHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill sets new deadlines for professional employer organizations (PEOs) to register and renew their status with the Secretary of State. It also changes how PEOs with limited financial resources provide surety bonds.
Who This Affects
Kansans who work for PEOs will be affected by this change, as it may impact their employment and benefits.
Key Provisions
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Timeline
Introduced
Thursday, January 23, 2025
Last Action
House Approved by Governor on Wednesday, March 26, 2025
Apr 9, 2025
Sponsors
No sponsors listed.
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