To amend the Internal Revenue Code of 1986 to increase the employer tax credit for paid family and medical leave.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1424 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 1424

To amend the Internal Revenue Code of 1986 to increase the employer tax 
               credit for paid family and medical leave.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 18, 2025

Mr. Mackenzie introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to increase the employer tax 
               credit for paid family and medical leave.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASE IN EMPLOYER CREDIT FOR PAID FAMILY AND MEDICAL 
              LEAVE.

    (a) Increase in Credit Percentages.--Section 45S(a)(2) of the 
Internal Revenue Code of 1986 is amended--
            (1) by striking ``12.5 percent'' and inserting ``25 
        percent'',
            (2) by striking ``25 percent'' and inserting ``50 
        percent'', and
            (3) by striking ``0.25 percentage points'' and inserting 
        ``0.50 percentage points''.
    (b) Credit Made Permanent.--Section 45S of such Code is amended by 
striking subsection (f).
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2025.
                                 <all>