HOUSE BILL 255
56th legislature - STATE OF NEW MEXICO - first session, 2023
INTRODUCED BY
Linda Serrato
AN ACT
RELATING TO EMPLOYEE LEASING; PROVIDING THAT CERTAIN BENEFIT PLANS OFFERED BY AN EMPLOYEE LEASING CONTRACTOR TO THE LEASED WORKERS OF THE EMPLOYEE LEASING CONTRACTOR BE TREATED AS A SINGLE EMPLOYER WELFARE BENEFIT PLAN.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 60-13A-10 NMSA 1978 (being Laws 1993, Chapter 162, Section 10) is amended to read:
"60-13A-10. EMPLOYMENT CONTRIBUTIONS--BENEFITS--TAX WITHHOLDING.--
A. An employee leasing contractor shall provide any benefits required by law to be provided employees by employers. The employee leasing contractor shall provide to the department proof of any required insurance benefits prior to registration or renewal of registration.
B. A fully insured welfare benefit plan offered by an employee leasing contractor to the leased workers of the employee leasing contractor shall be treated for purposes of New Mexico law as a single employer welfare benefit plan."
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