NRMCA Urges Members to Take Action on Paid Leave in House-Passed Bill
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Last week, in an unusual 1 a.m. vote on Saturday, the House passed legislation that could dramatically impact small businesses and many ready mixed concrete companies. H.R. 6201 includes a provision requiring businesses with more than 50 employees and fewer than 500 employees to provide two weeks of paid sick leave at an employee’s full wages and additional 10 weeks of sick leave at two-thirds the employee’s pay rate. The bill attempts to reimburse companies for the expense incurred for this paid leave through refundable tax credits and refunds. Unfortunately, the proposed tax credits and refunds will not produce sufficient liquidity in time to deter business closures. Most small businesses do not have the liquidity or tolerance for debt necessary to front the payments and will face dire or terminal circumstances if they are required to pay these costs up front.
- Click here to take action now and tell your Senators to fix the funding mechanism for paid leave.
- Click here to read a summary of the House bill.
- Click here for an explanation of the paid leave and related tax portions from the Ways and Means Committee.
- Click here to read the letter from the Coalition for a Democratic Workplace.
- Click here for AGC’s action alert.
- Click here for ABC’s action alert.
For more information, contact Andrew Tyrrell at atyrrell@nrmca.org.