AB 2227: Farm labor contractors: surety bonds.

This bill would modify the requirements for farm labor contractors to provide surety bonds. The existing law requires a bond based on the annual payroll for all employees, with different bond amounts for payrolls under $500,000, $500,000 to $2,000,000, and over $2,000,000. The new law would instead require a bond based on the annual gross receipts from operations, with different bond amounts for those who are registered as foreign labor contractors and those who are not. For foreign labor contractors, the bond amounts would be based on annual gross receipts, while for non-foreign labor contractors, the bond amounts would be doubled.