Sub. S.B. 201 Summary

• Creates a new framework for "alternate employer organizations" that can enter into agreements with client employers to provide human resource management services and share employer responsibilities and liabilities

• Requires alternate employer organizations to register with the Ohio Bureau of Workers' Compensation, maintain positive working capital, provide security bonds of at least $1 million, and submit audited financial statements

• Alternate employer organizations must process wages and payroll taxes, maintain workers' compensation coverage, and report employee payroll and claims data separately by client employer

• Client employers remain solely responsible for professional licensing, regulatory compliance, and quality control of their business operations, while the alternate employer organization cannot hold itself out as a professional employer organization

• Makes conforming amendments to workers' compensation, unemployment insurance, and tax law to address how alternate employer organizations are treated for payroll reporting, coverage determination, and tax purposes