Department of Business and Professional Regulation Board of Employee Leasing Companies General Business Meeting Report

Recently, a representative from Colodny Fass attended the Board of Employee Leasing Companies’ (“Board”) General Business Meeting in Palm Beach County.  To view the complete agenda, click here. 

The meeting was called to order by Chairwoman Kelly K. Lanza and the Board approved the minutes of the previous two monthly meetings. 

Elizabeth Duffy, Assistant General Counsel from the Florida Office of the General Counsel, initiated the disciplinary proceedings for professional employer organizations (“PEOs”) and their licensed controlling persons who failed to meet license requirements on multiple occasions, such as failing to submit financial or liability statements.  While the most common violations were simply late filings of quarterly and annual reports, stiff penalties were levied against repeat offenders and those who failed to officially respond to the Board’s citations within 20 days. 

The Board reviewed and considered new PEO and controlling person applications.  All applications were approved, though the Board made some approvals contingent upon the receipt of additional documentation.

During his presentation to the Board, Executive Director Rick Morrison proposed new procedures concerning financial reports and fingerprinting.  Specifically, Mr. Morrison proposed the establishment of a post office box for the sole purpose of receiving quarterly and annual financial reports.  It is expected the post office box will help  reduce the number of late submissions of required statements by  expediting the process of submitting them to the Board. 

Mr. Morrison also announced a proposal to transition to electronic fingerprinting for PEO applicants.  Florida PEO license applicants would be able to submit electronic fingerprints rather than the current method of using fingerprint cards that are then mailed to the Board.  Electronic fingerprinting vendors will be located statewide, as well as nationally. 

These proposals are expected to be formally presented to the Board for consideration at a later date.

The Board meeting was then adjourned.

 

Should you have any questions or comments, please do not hesitate to contact Colodny Fass.

 

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