By Sioux City Times |
Jun 27, 2024
WASHINGTON, D.C. – U.S. Representative Randy Feenstra (R-Hull) has introduced the Paid Family and Medical Leave Tax Credit Extension and Enhancement Act to assist small businesses in offering paid family and medical leave (PFML) to their employees. This legislation aims to extend and reform the 45S tax credit, initially authorized by the Tax Cuts and Jobs Act of 2017 and extended by Congress through 2025, for employers that voluntarily provide up to 12 weeks of PFML.