119-hr1424

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

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Introduced:
Feb 18, 2025
Policy Area:
Taxation

Bill Statistics

3
Actions
0
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Feb 18, 2025
Referred to the House Committee on Ways and Means.

Actions (3)

Referred to the House Committee on Ways and Means.
Type: IntroReferral | Source: House floor actions | Code: H11100
Feb 18, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Feb 18, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Feb 18, 2025

Subjects (1)

Taxation (Policy Area)

Text Versions (1)

Introduced in House

Feb 18, 2025

Full Bill Text

Length: 1,515 characters Version: Introduced in House Version Date: Feb 18, 2025 Last Updated: Nov 15, 2025 6:24 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1424 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 1424

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

_______________________________________________________________________

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.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
LEAVE.

(a) Increase in Credit Percentages.--
Section 45S (a) (2) of the Internal Revenue Code of 1986 is amended-- (1) by striking ``12.

(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) .
striking subsection

(f) .
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2025.
<all>