Fischer’s Paid Family & Medical Leave Tax Credit Included in Senate Finance Bill

Today, U.S. Senator Deb Fischer (R-Neb.) issued the following statement after the Senate Finance Committee released legislative text as part of the reconciliation process which includes her Paid Family and Medical Leave Tax Credit:
“I want to thank Chairman Crapo for working with me to make sure my Paid Family and Medical Leave Policy is made permanent in the Senate Finance bill. Since securing the nation’s first-ever and only PFML policy in 2017, it has helped employers of all sizes offer PFML plans to their employees. I’m pleased we are continuing to build upon this important effort to benefit America’s working families.”
In May, the House Way & Means Committee
included
Fischer’s Paid Family and Medical Leave Tax Credit as part of their tax bill, which passed the House.
Fischer’s work on Paid Family and Medical Leave:
Fischer and Senator Angus King (I-Maine) established the country’s first-ever nationwide PFML policy, which was
included
in the 2017 Tax Cuts and Jobs Act and
implemented
in 2018. Fischer and King
reintroduced
the bill in February, which builds upon the 2017 law to better serve working families. It also provides additional ways for employers to qualify for the paid leave tax credit, such as paying for PFML insurance products.