Bill > H1247

This bill creates a new law, Section 444.012 of the Florida Statutes, which requires employers and employees to make payroll contributions to finance a family and medical leave insurance benefits program. The contributions will be paid at a 1:1 ratio, with the Department of Financial Services responsible for determining the appropriate contribution amounts on an annual basis. The bill will take effect on the same date as HB 1247 or similar legislation, if adopted in the same legislative session or extension.