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MO HB892

Bill

Status

Introduced

2/10/2015

Primary Sponsor

Lindell Shumake

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends the Missouri Works Program (Section 620.2005) to expand health insurance premium requirements for qualified companies seeking state economic development benefits

  • Requires qualified companies to either pay at least 50% of health insurance premiums directly or reimburse employees for 50% of premiums for health insurance purchased from a third party

  • Applies the same 50% reimbursement option to the definition of "full-time employee" for purposes of program eligibility and benefit calculations

  • Makes minor technical corrections, including changing "perform" to "performed" and "profits" to "profit" in existing statutory language

  • Adds that the section is subject to provisions of section 196.1127

Legislative Description

Requires a qualified company in the Missouri Works Program to reimburse full-time employees for 50% of their health insurance premiums whether provided by the company or a third party

Last Action

Reported Do Pass (H) - AYES: 10 NOES: 0 PRESENT: 0

4/2/2015

Committee Referrals

Select Committee on Commerce3/18/2015
Economic Development and Business Attraction and Retention2/25/2015

Full Bill Text

No bill text available