HB1905 - Tennessee - Employees, Employers

Companion Bill SB1783. Employees, Employers - Revises requirements for self-insured benefit plans for staff leasing companies. - Amends TCA Title 56. Fiscal Summary for HB1905 / *SB1783State Expenditures - Net Impact - Not Significant Bill Summary for HB1905 / *SB1783 Under present law, any employee or staff leasing company or staff leasing group may sponsor and maintain employee benefit and welfare plans for the benefit of its leased employees. Present law defines "employee or staff leasing company employee benefit and welfare plan" as a plan offered to the employees of employee or staff leasing companies or staff leasing groups that are duly licensed pursuant to the Tennessee Employee Leasing Act. The self-insured plans are not subject to the premium taxes imposed on insurance companies. This bill rewrites the above provisions. This [...]

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