Setting the time for professional employer organization registration expiration, renewal and the filing of audits with the secretary of state, limiting the method of providing surety for professional employer organizations with insufficient working capital to bonds and eliminating a market value measure of the sufficiency of such bonds.

HB 2092 modifies Kansas regulations for Professional Employer Organizations (PEOs). It sets registration expiration dates (October 15 annually, with a 2025 exception), aligns annual audit filings with registration renewals, and restricts financial guarantees for PEOs with insufficient working capital to bonds only - eliminating the use of market value to assess bond sufficiency. This directly affects PEOs operating in Kansas that must comply with these registration, audit, and financial guarantee requirements. The bill amends Kansas statutes to standardize these processes and ensure consistent oversight of PEO financial stability.