HI SB2392

Creates a family leave insurance fund within the state treasury, separate from other state funds, to provide wage replacement for employees taking family leave under Chapter 398.

Establishes maximum benefits of $250 per week per employee subject to a one-week waiting period, with prorated amounts for employees working less than 40 hours per week.

Requires employers and employees to each contribute not more than one cent per hour or not more than $2,000 per year per employee, whichever is less, into the family leave insurance fund.

Designates the Director of Finance as custodian of the fund and the Director of Labor and Industrial Relations to authorize disbursements.

Takes effect on July 1, 2010.