Saturday, June 3, 2017
From The National Law Review:
In his proposed budget for Fiscal Year 2018, President Donald Trump allocated $20 billion to establish a “Federal-state paid parental leave program” within the unemployment insurance program. The paid family leave program would provide six weeks of paid leave benefits for mothers, fathers and adoptive parents. The program would begin in 2020.
Exact details on how this program would be run, however, were not provided in the proposed budget. However, the budget plan explained that states would have “broad latitude” in designing and financing this paid leave program.
While this proposed program could garner bipartisan support, it also could create additional taxes on employers. The federal government would set minimum levels for states to maintain in their unemployment trust funds. For those below the minimum levels, the states will have to increase their unemployment insurance taxes, which in turn, will impact employers.
Read more here.