Committee moves paid-family-leave accounting bill to House floor
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Summary
After a brief work session, the committee moved SB 1520 to the floor with a 'do pass' recommendation; staff said the bill allows the Oregon Employment Department to adopt accounting rules for the paid family and medical leave insurance fund and reported minimal fiscal impact and no revenue impact.
The House Committee on Labor and Workforce Development on Feb. 18 voted to move Senate Bill 1520 to the House floor with a "do pass" recommendation.
Erin, committee staff, told members SB 1520 would permit the director of the Oregon Employment Department to adopt rules establishing an accounting system for contributions to and benefits paid from the paid family and medical leave insurance fund to ensure compliance with tax reporting and withholding requirements. Erin stated the measure does not expand the director's authority to change contribution rates and reported a minimal fiscal impact and no revenue impact.
Vice Chair Munoz moved the measure to the floor; the committee conducted a roll call and the motion was adopted. Representative Nelson volunteered to carry the bill to the floor.
Next steps: SB 1520 is scheduled to be carried to the House floor by the assigned representative. The hearing record notes a staff fiscal summary describing minimal fiscal impact and no revenue impact.
