New Parents Act of 2023

3/12/2024, 12:46 AM

Summary of Bill S 35

Bill 118 s 35, also known as the New Parents Act of 2023, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide support and assistance to new parents in the United States.

One of the key provisions of the New Parents Act is the establishment of a paid parental leave program. Under this program, new parents would be entitled to up to 12 weeks of paid leave to care for a new child. This would apply to both mothers and fathers, as well as adoptive parents.

In addition to paid leave, the bill also includes provisions for affordable childcare options for new parents. This would help alleviate the financial burden of childcare expenses for families with young children. Furthermore, the New Parents Act aims to promote work-life balance by encouraging employers to offer flexible work arrangements for new parents. This could include options such as telecommuting, flexible hours, or job sharing. Overall, the New Parents Act of 2023 seeks to provide much-needed support for new parents in the United States, with a focus on paid parental leave, affordable childcare, and flexible work arrangements. This legislation is currently under review in Congress and has the potential to positively impact the lives of many American families.

Congressional Summary of S 35

New Parents Act of 2023

This bill allows parents to use a portion of their Social Security benefits for up to three months of paid parental leave after the birth or adoption of a child. To receive the parental leave benefit, parents must choose to either increase their retirement age or temporarily receive a reduction in Social Security benefits upon retirement, as specified.

Current Status of Bill S 35

Bill S 35 is currently in the status of Bill Introduced since January 24, 2023. Bill S 35 was introduced during Congress 118 and was introduced to the Senate on January 24, 2023.  Bill S 35's most recent activity was Read twice and referred to the Committee on Finance. as of January 24, 2023

Bipartisan Support of Bill S 35

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 35

Primary Policy Focus

Social Welfare

Potential Impact Areas

Adoption and foster careAgingChild care and developmentEmployee benefits and pensionsEmployee leaveFamily relationshipsGovernment trust fundsSocial security and elderly assistance

Alternate Title(s) of Bill S 35

New Parents Act of 2023New Parents Act of 2023A bill to amend title II of the Social Security Act to make available parental leave benefits to parents following the birth or adoption of a child, and for other purposes.
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