Bill > HB712

This bill establishes a family and medical leave insurance (FMLI) program in New Hampshire. The key provisions include: - Creating a new chapter in state law (Chapter 282-B) to establish the FMLI program, which will provide up to 12 weeks of partially paid leave to eligible employees for reasons such as the birth or adoption of a child, caring for a seriously ill family member, or the employee's own serious health condition. - Requiring employers to remit FMLI premium payments equal to 0.5% of each employee's weekly wages, which employees may contribute up to 0.5% of their wages towards. - Establishing the FMLI fund to be administered by the Department of Employment Security, which will pay out FMLI benefits to eligible employees. - Providing for an advisory council to review and evaluate the FMLI program, and giving the Commissioner authority to adjust premium rates, benefit levels, and leave duration to ensure the fund's solvency. - Allowing the state treasurer to provide start-up funding for the FMLI program, which the Department of Employment Security must repay within the first 5 years of operation.

Budget and Finance, Labor and Employment