Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
Impact
If enacted, A4388 would supplement existing state laws regarding earned sick leave by requiring employers to provide additional paid leave for specific parental duties. The bill aims to ease the financial burden on employees who need to take time off for their children's engagements, thereby promoting work-life balance. Employers can apply for tax credits amounting to the actual cost incurred for this leave, effectively lowering the financial implications of offering such benefits.
Summary
Assembly Bill A4388 aims to provide employees with paid family leave specifically for attending events related to their children, such as school conferences or functions. This proposed legislation establishes a program administered by the Commissioner of Labor and Workforce Development, which will offer tax credits to employers who provide full paid family leave for up to two full working days. This incentive is designed to encourage businesses to support employees attending critical school-related events without financial loss.
Contention
Debate around A4388 may revolve around the balance of providing sufficient family leave while maintaining business viability. Proponents argue that fostering family engagement is crucial for children's development and that the tax credits will offset associated costs. However, some critics may contend that placing additional paid leave mandates on businesses could challenge small business finances, potentially leading to resistance from employer groups concerned about the economic impact.
Same As
Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
Provides paid leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide those leave benefits.
Provides paid leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide those leave benefits.
Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.
Provides family leave for employee to attend certain events of child of employee; establishes tax credits for employer that provide full paid family leave benefits.