Monday, January 23, 2006

"Wal-Mart Bill" Becomes Law on 01/01/07

Legal Info Service (US)

The "Wal-Mart Bill" which was orginally vetoed by Gov. Bob Ehrlich, was overriden by Maryland lawmakers. The new law, which requires that large employers with at least 10,000 workers in the state must spend a set percentage of payroll on employee health coverage or else pay into a state health care fund, will go into effect on January 1st, 2007. Noncompliant employers can face penalties of up to $250,000. For more information, click here.

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