WASHINGTON –Monday, U.S. Senator Deb Fischer (R-Neb.) released the following statement after the House Ways & Means Committee unveiled a tax bill which includes her Paid Family and Medical Leave Tax Credit Extension and Enhancement Act:
“It is welcome news the House Ways and Means Committee has produced a tax bill that includes my Paid Family and Medical Leave tax credit, which helps businesses of all sizes offer PFML plans to their employees. Thank you to my House counterpart and Ways and Means Committee Member, Rep. Randy Feenstra, for working to get this provision inserted. I look forward to getting this important bill over the finish line to support America’s working families,” said Fischer.
Fischer’s work on Paid Family and Medical Leave:
Fischer and Senator Angus King (I-Maine) established the country’s first-ever nationwide PFML policy, which was included in the 2017 Tax Cuts and Jobs Act and implemented in 2018. Fischer and King reintroduced the bill in February, which builds upon the 2017 law to better serve working families. It also provides additional ways for businesses to qualify for the paid leave tax credit, such as paying for PFML insurance products, and requires greater outreach efforts to raise awareness about the credit.
