AK SB10

Creates the Alaska Paid Family Leave Plan requiring the Commissioner of Labor and Commissioner of Administration to jointly procure a family leave insurance plan providing wage replacement up to 100% of average weekly wages, capped at $3,000 per week

State employees receive coverage at no cost for the full duration of family leave (up to 18 workweeks), while participating political subdivisions and private employers must provide at least 6 weeks of coverage and may choose whether to cover premiums fully, partially, or require employee payment

Establishes a purchasing pool allowing employees of non-participating employers to individually enroll in coverage for premiums not exceeding $5 per week, with a 7-month waiting period and 60-day annual open enrollment period

Employers with 50+ employees must maintain health insurance coverage during leave, restore employees to their position upon return, and are prohibited from retaliating against employees for taking leave

Creates a 50% tax credit for employers who pay family leave insurance premiums, establishes a 7-member advisory board, and requires plan implementation by January 1, 2027