Summary of Bill S 1714
The FAMILY Act, also known as Bill 118 s 1714, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to establish a national paid family and medical leave insurance program. This program would provide workers with up to 12 weeks of paid leave for various family and medical reasons, including the birth or adoption of a child, caring for a sick family member, or dealing with a personal illness.
Under the FAMILY Act, eligible employees would receive a portion of their wages while on leave, with benefits capped at a certain amount. The program would be funded through a payroll tax on both employees and employers, with the goal of ensuring that all workers have access to paid leave when they need it most.
Supporters of the FAMILY Act argue that paid family and medical leave is essential for promoting work-life balance, supporting families, and ensuring that workers can take care of their health and the health of their loved ones without facing financial hardship. Critics, however, raise concerns about the potential costs of the program and its impact on businesses, particularly small businesses.
Overall, the FAMILY Act represents an important step towards providing comprehensive paid leave benefits for American workers, and its passage would have a significant impact on the lives of millions of families across the country.