Employers would file more detailed quarterly worker reports

Employers would file quarterly reports with added details about each employee. The rule covers all employers and their employees, including people doing domestic work in a private home. The added reporting rules would start with the quarter beginning July 1, 2027, and apply to each quarter after that. The act would take effect one year after enactment.

Employers would face higher penalties for late reports and inaccurate or missing employee information. Late-report penalties apply to employers required to file reports. Employee-by-employee penalties apply to quarterly employee reports. For missing or inaccurate employee information, penalties apply when the employer fails to comply without reasonable cause. The increased reporting rules would take effect one year after enactment.