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MO HB892
Bill
Status
2/10/2015
Primary Sponsor
Lindell Shumake
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AI Summary
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Amends the Missouri Works Program (Section 620.2005) to expand health insurance premium requirements for qualified companies seeking state economic development benefits
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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
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Applies the same 50% reimbursement option to the definition of "full-time employee" for purposes of program eligibility and benefit calculations
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Makes minor technical corrections, including changing "perform" to "performed" and "profits" to "profit" in existing statutory language
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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