{"id":1697,"date":"2020-04-23T20:31:20","date_gmt":"2020-04-23T20:31:20","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/?p=1697"},"modified":"2020-04-23T20:57:10","modified_gmt":"2020-04-23T20:57:10","slug":"professional-licensing-staff-leasing-offering-payroll-services-a-texas-attorney-general-opinion","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/professional-licensing-staff-leasing-offering-payroll-services-a-texas-attorney-general-opinion\/","title":{"rendered":"Professional Licensing. Staff Leasing Offering Payroll Services a Texas Attorney General Opinion."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Texas Attorney General Opinion Request: <a href=\"https:\/\/www2.texasattorneygeneral.gov\/opinions\/opinions\/51paxton\/rq\/2020\/pdf\/RQ0348KP.pdf\">RQ-00348-KP<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Who requested the Attorney General Opinion? The Commissioner of Banking<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What question will be answered? whether a licensed PEO ( a staff leasing company) that collects payroll funds in advance from an employer-client to be remitted\u00a0to\u00a0covered employees at a later time is subject to the licensure requirements ofthe Money Services Act ifthat entity holds a PEO license under the Labor Code.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why did this issue pop up?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Texas Department of Banking also regulates PSPs, payroll service providers\u00a0<\/li><li>traditional PSPs  receive compensation from Texas employer-clients in exchange for the receipt and subsequent transmission of payroll wages and taxes to employees<\/li><li>traditional PSPs require a money transmission license<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Texas Attorney General Opinion Request: RQ-00348-KP Who requested the Attorney General Opinion? The Commissioner of Banking What question will be answered? whether a licensed PEO ( a staff leasing company) that collects payroll funds in advance from an employer-client to be remitted\u00a0to\u00a0covered employees at a later time is subject to the licensure requirements ofthe [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1697","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/1697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=1697"}],"version-history":[{"count":2,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/1697\/revisions"}],"predecessor-version":[{"id":1699,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/1697\/revisions\/1699"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=1697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=1697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=1697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}