To amend the Internal Revenue Code of 1986 to increase the employer tax credit for paid family and medical leave.

# Summary of HR 1424 **What the Bill Does** This bill would increase the tax credit that employers can claim when they offer paid family and medical leave to their employees. Tax credits directly reduce the taxes a company owes the government, making it more financially attractive for businesses to provide these benefits. Currently, employers can claim a limited credit for offering paid leave; this bill would expand that benefit. **Who It Affects** The primary beneficiaries would be employers who offer paid family and medical leave programs.

Indirectly, it could benefit employees by encouraging more companies to adopt or expand paid leave policies, allowing workers to take time off for serious health conditions, childbirth, or family care without losing income. The changes would also affect federal tax revenue. **Current Status** The bill is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. It was sponsored by Representative Ryan Mackenzie (R-PA-7).