A bill to amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes.

1/31/2024, 5:15 AM

Summary of Bill S 3680

Bill 118 s 3680, also known as the Paid Family and Medical Leave Enhancement Act, aims to make changes to the Internal Revenue Code of 1986 in order to improve the paid family and medical leave credit. This credit is designed to provide financial assistance to employers who offer paid leave to their employees for family or medical reasons.

The bill proposes several key enhancements to the existing credit. Firstly, it seeks to increase the maximum amount of the credit that employers can claim for providing paid family and medical leave to their employees. This increase would make it more financially feasible for businesses to offer this important benefit to their workers.

Additionally, the bill includes provisions to expand the types of leave that qualify for the credit. This would allow employers to claim the credit for a wider range of family and medical leave situations, providing more flexibility and support for employees who need time off for personal or family health reasons. Overall, the Paid Family and Medical Leave Enhancement Act aims to incentivize employers to offer paid leave to their employees by making it more financially attractive to do so. By enhancing the existing credit and expanding its scope, the bill seeks to promote a healthier work-life balance for American workers and their families.

Congressional Summary of S 3680

Paid Family and Medical Leave Tax Credit Extension and Enhancement Act

This bill modifies the employer tax credit for paid family and medical leave.

Specifically, the bill (1) makes such credit permanent, (2) allows the credit in states or localities that either mandate or do not mandate paid family and medical leave, (3) allows employers to claim the credit for a portion of their paid family leave insurance premiums, (4) reduces the minimum employment period eligibility requirement, and (5) requires the Small Business Administration and the Internal Revenue Service to conduct targeted outreach to employers and other relevant parties regarding the availability and requirements of the credit.

Current Status of Bill S 3680

Bill S 3680 is currently in the status of Bill Introduced since January 30, 2024. Bill S 3680 was introduced during Congress 118 and was introduced to the Senate on January 30, 2024.  Bill S 3680's most recent activity was Read twice and referred to the Committee on Finance. as of January 30, 2024

Bipartisan Support of Bill S 3680

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

Policy Area and Potential Impact of Bill S 3680

Primary Policy Focus

Alternate Title(s) of Bill S 3680

A bill to amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes.A bill to amend the Internal Revenue Code of 1986 to enhance the paid family and medical leave credit, and for other purposes.
Start holding our government accountable!

Comments

Sponsors and Cosponsors of S 3680

Deb Fischer
Deb Fischer
Nebraska(Republican)
Angus S. King Jr.
Angus S. King Jr.
Maine(Independent)

Latest Bills

Authorizing the use of Emancipation Hall in the Capitol Visitor Center for a ceremony to present the Congressional Gold Medals awarded under the 'Six Triple Eight' Congressional Gold Medal Act of 2021.
Bill HCONRES 22April 15, 2025
Recognizing the enduring cultural and historical significance of emancipation in the Nation's capital on the anniversary of President Abraham Lincoln's signing of the District of Columbia Compensated Emancipation Act, which established the "first freed" on April 16, 1862, and celebrating passage of the District of Columbia statehood bill in the House of Representatives.
Bill HRES 333April 15, 2025
Expressing the sense of Congress that the votes of overseas servicemembers must be counted and honored as required under the Uniformed and Overseas Citizens Absentee Voting Act.
Bill HCONRES 28April 15, 2025
Supporting the designation of the week of April 11 through April 17, 2025, as the eighth annual "Black Maternal Health Week", founded by Black Mamas Matter Alliance, Inc. (BMMA), to bring national attention to the maternal and reproductive health crisis in the United States and the importance of reducing maternal mortality and morbidity among Black women and birthing people.
Bill HRES 332April 15, 2025
Rural Veterinary Workforce Act
Bill HR 2398April 15, 2025
To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.
Bill HR 2835April 15, 2025
Syria Terrorism Threat Assessment Act
Bill HR 1327April 15, 2025
To amend title 18, United States Code, to prohibit machinegun conversion devices and illegal modifications of semiautomatic firearms, and for other purposes.
Bill HR 2799April 15, 2025
CATCH Fentanyl Act
Bill HR 1569April 15, 2025
To prohibit certain removals of employees of the Department of Health and Human Services and sub-agencies and operating divisions thereof, and for other purposes.
Bill HR 2532April 15, 2025