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This document outlines the revised rule regarding self-insuring Professional Employer Organizations (PEOs) in Ohio, detailing the requirements for reporting necessary information to the Bureau of Workers\' Compensation following lease terminations and the implications of recent legislation (H.B. 207).
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Rule summary and fiscal is a document that summarizes the financial implications and regulatory impact of proposed rules and regulations, providing a clear overview for stakeholders.
Typically, government agencies or regulatory bodies proposing new rules are required to file a rule summary and fiscal.
To fill out the rule summary and fiscal, one should collect relevant data regarding the rule's impact, financial forecasts, compliance costs, and then input this information into the designated sections of the form.
The purpose of the rule summary and fiscal is to inform stakeholders about the anticipated financial impact and operational implications of new regulations, ensuring transparency and accountability.
Information required includes a description of the proposed rule, its economic impact, compliance costs, potential benefits, and fiscal implications.
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