Income Tax Benefits For Family Leave
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- May 28, 2020
What it does
The bill creates tax incentives to encourage employers to voluntarily support paid parental and medical leave programs for their eligible employees and to encourage eligible employees to save for time away from work during parental and medical leave. Specifically, section 2 of the bill establishes leave savings accounts. A leave savings account is an account with a financial institution for which the individual uses money to pay for any expense while he or she is on eligible leave, which includes:
Where it stands
The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money in Colorado.