Bill > S1041

This bill aims to establish a regulatory framework for the recognition and registration of professional employer organizations (PEOs) operating in the Commonwealth of Massachusetts. Key provisions include: - Defining terms related to PEOs, such as "client," "covered employee," and "professional employer agreement." - Requiring PEOs to register with the Department of Labor Standards, providing information about the organization, ownership, management, and financial condition. - Specifying the rights, duties, and obligations of PEOs and their clients in a PEO relationship, including the allocation of responsibilities for wages, benefits, workers' compensation, and unemployment insurance. - Addressing the treatment of PEO covered employees for the purposes of tax credits, economic incentives, and certifications related to small, minority-owned, or disadvantaged businesses. - Establishing financial capacity requirements for PEOs, including maintaining positive working capital and a surety bond. - Providing for disciplinary action by the Department of Labor Standards for violations of the law, including denial, revocation, or suspension of registration. - Requiring existing PEOs to complete initial registration within 180 days of the effective date of the act.

Labor and Employment

https://malegislature.gov/Bills/190/S1041