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AR SB642

Bill

Status

Failed

10/15/2021

Primary Sponsor

Greg Leding

Click for details

Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

  • Creates the Strong Families Act establishing an income tax credit for employers providing paid family and medical leave to qualified employees at 25% of wages paid during leave, capped at $4,000 per employee per tax year

  • Defines family and medical leave as time off for serious health conditions, childbirth, adoption, or care of a family member with a serious health condition, excluding earned sick leave, annual leave, and compensatory leave

  • Requires eligible employers to provide full-time qualified employees at least 4 weeks of paid family and medical leave over a 12-month period, with proportional requirements for part-time employees

  • Limits the maximum credit to 12 weeks of leave per qualified employee in a 12-month period and requires employers to adopt anti-discrimination policies protecting employee rights under their family and medical leave policies

  • Effective for tax years beginning on or after January 1, 2021

Legislative Description

To Create The Strong Families Act; And To Create An Income Tax Credit For Employers That Provide Paid Family And Medical Leave For Certain Employees.

Last Action

Died in Senate Committee at Sine Die adjournment.

10/15/2021

Committee Referrals

Revenue & Taxation4/6/2021

Full Bill Text

No bill text available