Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee considers technical fix to PFML premium split after IRS guidance
Summary
A proposed substitute for HB 2345 would reallocate employer/employee shares of the Paid Family and Medical Leave premium to avoid federal employment taxation on benefits previously treated as wages under new IRS guidance; supporters say the change prevents an estimated $30 million federal tax hit.
Committee staff and multiple witnesses briefed members on a proposed substitute to HB 2345 on Jan. 14 that adjusts how the Paid Family and Medical Leave (PFML) premium is split between employer and employee to respond to recent IRS guidance.
Staff explained a two‑layer statutory formula that (1) divides the total premium into a family leave share and a medical leave share and (2) assigns employer and employee percentage obligations for each share. Under current law the medical…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
