By Fiscal Year, Millions of Dollars

2024

2024-2029

2024-2034

Direct Spending (Outlays)

0

1

17

Revenues

0

*

*

Increase or Decrease (-) in the Deficit

0

1

17

Spending Subject to Appropriation (Outlays)

0

562

not estimated

Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?

< $2.5 billion

Statutory pay-as-you-go procedures apply?

Yes

Mandate Effects

Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?

< $5 billion

Contains intergovernmental mandate?

Yes, Over Threshold

Contains private-sector mandate?

Yes, Over Threshold

* = between zero and $500,000.

The bill would

• Require employers to provide an hour of leave, to use for specific purposes, for every 30 hours an employee works
• Prohibit employers from retaliating or discriminating against employees who use the new leave
• Authorize the Department of Labor to investigate violations and conduct a public awareness campaign
• Impose mandates by requiring public- and private-sector employers to offer the new leave to employees

Estimated budgetary effects would mainly stem from

• Compensation costs for federal and Postal Service employees using additional sick leave
• Increased annuities for retired federal employees

Areas of significant uncertainty include

• Estimating the amount of leave that employees would use under the bill
• Predicting the timing of Postal Service outlays related to the new leave entitlement

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.