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Committee adopts substitute allowing PEOs to report wages under their own account
Senate Financial Institutions, Insurance, and Technology Committee · February 10, 2025
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Summary
A substitute for Senate Bill 263 was accepted to permit professional employer organizations and similar entities to report unemployment wages under their own unemployment account, and to require the Department of Jobs and Family Services director to recalculate experience ratings once the election is made.
Senate Bill 263 was presented for a second hearing and the committee accepted substitute bill 1674-1 as the working document. Vice Chair Lang said the substitute permits professional employer organizations (PEOs), alternative…
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