Legislation Would Modify Definition of “Full-Time Employee” from 30 to 40 Hours in the PPACA

Senator Susan Collins (R-ME) recently introduced the “Forty Hours is Full Time Act of 2013” (S. 701).  It would modify the definition of full-time employee (FTE) for purposes of the shared responsibility mandates in the Patient Protection and Affordable Care Act (PPACA).  Starting in 2014, the PPACA imposes a $2,000 employer penalty for each full-time…