IL HB6225

Lessor must maintain accounting and employment records for employee leasing arrangements for a minimum of 4 calendar years.

Lessor with annual payroll exceeding $200,000 must provide experience modification factor to lessee within 30 days of written request; lessee with payroll under $200,000 must receive loss information within 30 days of request.

When lessee's experience modification factor exceeds lessor's by 50% at arrangement inception, lessee's factor applies to workers' compensation premium calculation for 2 years.

Lessor or lessee may provide workers' compensation insurance coverage for leased employees; lessor must notify insurer or rating organization 30 days before terminating employee leasing arrangement.

Lessor not providing workers' compensation insurance coverage is exempt from record-keeping and reporting requirements in the amended sections.