Requires employers with over 25 employees to submit semiannual employee residency reports.
The bill mandates that employers with more than twenty-five employees submit semiannual employee residency reports. These reports must be filed with the authorities budget office by February 1 and August 1 each year. The reports should include details such as the employer's name, business addresses, total number of employees, and the number of employees residing in the project's zip code. The reports are public information and must be kept for seven years. The Department of Economic Development and the authorities budget office are tasked with ensuring compliance.
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