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GA HB1515
Bill
Status
Introduced
3/26/2024
Primary Sponsor
Darlene Taylor
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AI Summary
- Establishes a registration and regulatory framework for professional employer organizations (PEOs) in Georgia, requiring registration with the Department of Insurance beginning July 1, 2026, with applications accepted starting January 2, 2025
- Sets registration fees capped at $500 for initial PEO registration, $250 for renewal, and $250–$500 for limited or temporary registrations, and requires applicants to demonstrate positive working capital through audited financial statements
- Defines and regulates the co-employment relationship between PEOs and their clients, allocating employer rights and obligations including payroll processing, tax withholding, workers' compensation coverage, and the right to hire, discipline, and terminate covered employees
- Grants the Commissioner of Insurance disciplinary authority over PEOs, including the power to deny, suspend, or revoke registrations and impose administrative penalties up to $2,000 per violation, while repealing obsolete "employee leasing company" provisions and replacing them with updated PEO terminology throughout state law
- Preserves existing collective bargaining agreements, professional licensing requirements, small business certification statuses, and Employment Security Law obligations, and ensures covered employees are counted only as employees of the client for purposes of state tax credits, economic incentives, and employer-size thresholds
Legislative Description
Better Small Business Employee Benefits Act; enact
Last Action
House First Readers
3/28/2024
Committee Referrals
Small Business Development3/28/2024
Full Bill Text
No bill text available