On Friday March 17th an act relating to paid family leave was voted out of the House committee on General, Housing and Military Affairs. In a nutshell, the bill will allow employees to take up to 12 weeks of paid leave to take care of a serious illness for themselves or a family member, the employee's pregnancy or birth of a child, and placement of a child under 16 into foster care. The funding will come from a 0.93% payroll tax on employees. For instance, if one makes $50,000 a 0.93% payroll tax will be $465.
This link takes you to the last draft of bill H196 and this link takes you to a study by the Vermont Commission on Women's feasibility study.
Many believe this benefit will help attract younger workers to Vermont and also provide a needed benefit to our aging workforce.
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