HI SB2961

Requires the office of the lieutenant governor and department of labor and industrial relations to conduct an actuarial study on implementing a family leave insurance program providing up to twelve weeks of paid family leave annually, compared to the current four weeks.

Study must project eligibility numbers, participation rates, premium rates, fund balances, and impact on the existing temporary disability insurance program.

Study must examine the viability of health savings accounts as a potential model for implementing the family leave insurance program.

Report must be filed with the legislature no later than twenty days before the 2017 regular session convenes.

Appropriates unspecified funds from general revenues for fiscal years 2016-2017 to conduct the actuarial study and prepare the report.