Senate Bill 2773

AN ACT TO CREATE THE "MISSISSIPPI PROFESSIONAL EMPLOYER ORGANIZATION RECOGNITION AND REGISTRATION ACT"; TO PROVIDE LEGISLATIVE FINDINGS; TO DEFINE CERTAIN TERMS USED IN THE ACT; TO PROVIDE THAT NOTHING IN THIS ACT OR IN ANY PROFESSIONAL AGREEMENT SHALL AFFECT A COLLECTIVE BARGAINING AGREEMENT OR ANY STATE, LOCAL OR FEDERAL LICENSING REQUIREMENT APPLICABLE TO ANY CLIENT OR COVERED EMPLOYEE; TO PROVIDE THAT COVERED EMPLOYEES SHALL BE DEEMED EMPLOYEES SOLELY OF THE CLIENT FOR PURPOSES OF DETERMINING TAX CREDITS AND OTHER ECONOMIC INCENTIVES; TO REQUIRE REGISTRATION WITH THE DEPARTMENT OF INSURANCE; TO PROVIDE REGISTRATION FEES; TO REQUIRE EACH PEO OR PEO GROUP TO MAINTAIN POSITIVE WORKING CAPITAL OR OTHER MINIMUM FINANCIAL REQUIREMENTS; TO PROVIDE RIGHTS AND DUTIES OF EMPLOYER, EMPLOYEE AND CLIENT; TO PROVIDE THAT A CLIENT AND A REGISTERED PEO SHALL EACH BE DEEMED AN EMPLOYER UNDER THE LAWS OF THIS STATE FOR PURPOSES OF SPONSORING RETIREMENT AND WELFARE BENEFIT PLANS FOR ITS COVERED EMPLOYEES; TO PROHIBIT CERTAIN ACTS AND TO AUTHORIZE THE DEPARTMENT OF INSURANCE TO TAKE DISCIPLINARY ACTIONS FOR VIOLATIONS; AND FOR RELATED PURPOSES.

In the Senate

• J. Walter Michel

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Jan 18 – Feb 2

1. Jan 18Referred to the Senate committees on Insurance and on Accountability, Efficiency, Transparency
2. Feb 2Died in committee in the Senate