Amendment H-1322 to HF 980

Filed May 12, 2025 in the House by

What it changes

1. Page 3, line 34, after “SAVINGS.” by inserting “
2. ”
3. Page 4, line 2, by striking “
4. ” and inserting “a.”
5. Page 4, line 3, by striking “
6. ” and inserting “b.”
7. Page 4, after line 4 by inserting: “
8. An employer, other than a small business, shall report annually to the department of workforce development, in a time and manner established by the department, how the employer used any savings received by the employer as a result of this Act for the purposes provided in subsection 1 in the previous calendar year. The report shall include quantified data on the use of such savings. For purposes of this subsection, “small business” means any enterprise that is operated for profit and under a single management, and that has either fewer than twenty employees or an annual gross income of less than four million dollars computed as the average of the three preceding fiscal years.”

Official amendment (PDF) · In the Bill Book