Kansas HB2092 sets expiration dates for professional employer organization registrations, mandates annual audits, and restricts surety methods for.
Kansas HB2092 amends the registration process for professional employer organizations (PEOs). It sets the expiration date for PEO registrations to 120 days after the end of the registrant's fiscal year, with an exception for registrations issued after January 1, 2025, which expire on October 15, 2026. PEOs must submit annual audits within 120 days after the end of their fiscal year, coinciding with the renewal of their registration.
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