I
119th CONGRESS
1st Session
H. R. 1424
IN THE HOUSE OF REPRESENTATIVES
February 18, 2025
Mr. Mackenzie introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to increase the employer tax credit for paid family and medical leave.
Section 1. Increase in employer credit for paid family and medical leave
(a) Increase in credit percentages
Section 45S(a)(2) of the Internal Revenue Code of 1986 is amended—
(1)
by striking 12.5 percent
and inserting 25 percent
,
(2)
by striking 25 percent
and inserting 50 percent
, and
(3)
by striking 0.25 percentage points
and 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.