H.R. 1424

119th CONGRESS 1st Session

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 · Sponsor: Mr. Mackenzie · Committee: Committee on Ways and Means

Table of contents

• H.R. 1424
  • SEC. 1. Increase in employer credit for paid family and medical leave

SEC. 1. Increase in employer credit for paid family and medical leave

• (a) Increase in credit percentages
  • of the Internal Revenue Code of 1986 is amended— Section 45S(a)(2)
    • by striking 12.5 percentand inserting 25 percent,
    • by striking 25 percentand inserting 50 percent, and
    • by striking 0.25 percentage pointsand 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.