Bill > SB1520

This bill modifies the administration of moneys within the Paid Family and Medical Leave Insurance Fund, which is a trust fund established for paid family and medical leave benefits. Specifically, it grants the Director of the Employment Department the authority to create rules for an accounting system to ensure compliance with tax reporting and withholding requirements. This system can allocate funds for benefit payments based on the type of leave and can restrict the use of certain moneys for specific leave types to only employee contributions, only employer contributions, or a combination, as determined by the director, without changing the overall contribution rates set by law. The bill also specifies an effective date for these changes, making them effective 91 days after the end of the 2026 regular legislative session.

Business and Industry, Education

https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/SB1520