Texas House Bill HR2098

Texas 2023 - 88th Regular

Caption

Recognizing May 21 through 27, 2023, as National PEO Week.

Impact

The resolution draws attention to the significant contributions of PEOs during challenging periods, particularly during the COVID-19 pandemic, where they aided businesses in navigating financial assistance options, managing employee leave, and securing tax credits. The resolution underscores that those businesses partnered with PEOs were significantly less likely to close permanently during the pandemic, asserting the importance of these organizations in the economic landscape.

Summary

HR2098 is a resolution recognizing May 21 through 27, 2023, as National Professional Employer Organization (PEO) Week. The bill highlights the vital role that professional employer organizations play in supporting businesses across the United States by providing essential payroll and human resources services. It emphasizes the benefits that PEOs offer to small and mid-sized businesses, which collectively employ over four million people, fostering productivity and profitability while also providing critical employee benefits such as retirement plans and insurance.

Sentiment

The sentiment surrounding HR2098 appears to be positive, as it champions the role of PEOs in helping businesses thrive and adapt to various challenges. The resolution is intended to honor the collective efforts of PEOs and their contributions to ensuring that businesses can focus on their growth and sustainability, thus fostering a better working environment for employees.

Contention

While the resolution does not seem to have significant points of contention, it underscores the importance of recognizing and valuing the support that PEOs provide. Potential discussions could arise around the level of dependence businesses may have on PEOs, and the implications this might have on local and state economies, especially regarding employment practices and benefits. However, the overarching tone of the bill is one of recognition rather than legislative conflict.