Bill > SB2

This bill establishes a Paid Family and Medical Leave Insurance Program in Virginia, administered by the Virginia Employment Commission (VEC), with benefits to begin on January 1, 2029. The program will be funded through premiums paid by employers and employees, starting January 1, 2028. Covered individuals, which include employees and optionally self-employed individuals, can receive benefits for up to 12 weeks per year to care for a new child, a family member with a serious health condition, or for their own serious health condition, among other qualifying reasons. The benefit amount will be 80 percent of the individual's average weekly wage, capped at 100 percent of the statewide average weekly wage, which will be adjusted annually. The bill also modifies existing laws regarding state employee leave benefits, ensuring they are at least as generous as the new program, and requires the VEC to develop regulations and conduct public education campaigns to inform both workers and employers about their rights and responsibilities under this new program.

Budget and Finance, Business and Industry

https://lis.virginia.gov/bill-details/20261/SB2