The bill amends K.S.A. 2024 Supp. 44-1704 and 44-1706, which govern the registration and operational requirements for professional employer organizations (PEOs) in Kansas. It establishes that any person engaged in providing professional employer services must be registered, and those not registered are prohibited from offering such services. The registration process requires applicants to submit detailed information, including business names, addresses, ownership, management details, and financial statements. The bill also introduces a limited registration option for organizations domiciled outside Kansas that do not maintain an office in the state and have fewer than 50 covered employees.
Additionally, the bill modifies the financial requirements for PEOs, allowing them to maintain positive working capital or submit a bond to secure payment obligations to covered employees. It also allows for electronic filings and the use of approved assurance organizations to facilitate compliance with registration requirements. The existing provisions regarding registration expiration and renewal are updated, with new deadlines established for registrations issued after January 1, 2025. The bill ultimately aims to streamline the registration process and enhance regulatory oversight of professional employer organizations in Kansas.
Statutes affected: As introduced: 44-1704, 44-1701, 44-1711, 44-1706