summary
Introduced
02/01/2021
02/01/2021
In Committee
03/01/2021
03/01/2021
Crossed Over
Passed
Dead
03/20/2021
03/20/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO EMPLOYEE LEASING; PROVIDING THAT CERTAIN BENEFIT PLANS OFFERED BY AN EMPLOYEE LEASING CONTRACTOR TO THE LEASED WORKERS OF THE EMPLOYEE LEASING CONTRACTOR BE TREATED AS A SINGLE EMPLOYER WELFARE BENEFIT PLAN.
AI Summary
This bill amends a section of New Mexico law to provide that a fully insured welfare benefit plan offered by an employee leasing contractor to its leased workers shall be treated as a single employer welfare benefit plan for the purposes of New Mexico law. This means that the employee leasing contractor's welfare benefit plan for its leased workers will be regulated as a single plan, rather than as individual plans for each client company of the employee leasing contractor.
Committee Categories
Budget and Finance, Justice
Sponsors (1)
Last Action
STBTC: Reported by committee with Do Pass recommendation (on 03/01/2021)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=262&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0262.pdf |
Loading...