MO HB757

Creates a registration system for Professional Employer Organizations (PEOs) in Missouri, requiring state registration before providing services, with initial fees up to $500 and annual renewal fees up to $250

Establishes a "coemployment" framework where PEOs and client businesses share employer responsibilities, with PEOs handling payroll, tax withholding, unemployment taxes, and employee benefits while clients retain control over day-to-day work direction and professional licensing

Requires PEOs to maintain positive working capital or post a bond/letter of credit equal to any deficiency plus $100,000 to secure payment of employee wages, taxes, and benefits

Preserves client companies' eligibility for state tax credits, economic incentives, and small/minority/disadvantaged business certifications regardless of PEO arrangements

Authorizes the Department of Labor to deny, revoke, or refuse to renew registrations and impose administrative penalties up to $1,000 per violation for PEOs that provide false information or operate without registration