Indiana SB0020 establishes a voluntary family leave insurance program for employees, allowing employers to receive tax deductions.

Indiana SB0020 creates a voluntary family leave insurance program for employees, allowing them to contribute to a trust fund for benefits. Employers can pay part or all of the employee contributions and receive a tax deduction. The Department of Insurance must establish the program by January 1, 2027, and submit a report by November 1, 2026. The trust fund will pay benefits and consists of employer and employee contributions, state appropriations, and other sources.

Indiana SB0020 establishes a voluntary family leave insurance program for employees, allowing employers to receive tax deductions.

Indiana SB0020 creates a voluntary family leave insurance program for employees, allowing them to contribute to a trust fund for benefits. Employers can pay part or all of the employee contributions and receive a tax deduction. The Department of Insurance must establish the program by January 1, 2027, and submit a report by November 1, 2026. The trust fund will pay benefits and consists of employer and employee contributions, state appropriations, and other sources.