GST Opposes HB628 Imposing a Payroll Tax for Mandatory Family and Medical Leave Insurance.
HB628 establishes mandatory paid family and medical leave insurance (FMLI) controlled by the State.
The bill would require New Hampshire Employment Security to establish and administer the FMLI fund.
Employers must remit quarterly premium payments of 0.5 percent of employee wages for preceding quarter.
Click here to read HB628 including the following statements from the bill.
The general court finds it in the public interest to establish a system of family and medical leave insurance.
The costs to operate the program are unknown.
Insurance plans currently exist that provide coverage for the types of benefits included in this legislation.
That coverage is sold, on a voluntary basis, to employers wanting to provide these benefits to their employees.
This chapter applies to all nongovernmental employers.
Department of Employment Security estimates cost of $3,700,000 and 45 new employees in FY 2021.
“HB628 is against everything that is working so well now. As we reduce the burden and cost of regulation on business, it expands regulation and cost.” said GST Vice Chairman Dave McConville. “As we try to keep government size in check, it creates new bureaucracy. HB628 is counter to every good policy now in place.”
“GST supports less regulation and limited government that works efficiently within its constitutional authority. We oppose new taxes and fees.” said GST Chairman Ray Chadwick. “HB628 would grow government, add regulation and cost, and have the State take over a service already offered in the private market.”
“Decisions regarding Family Medical Leave benefits should be made by employers and employees.”
Click here to find your Representatives. Tell them to vote against HB628!