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GA Adjustment
Virginia Employment Commission (182)
Request Title Authorize Loan for Paid Family and Medical Leave Program (359 #1c)
Biennium 2026-2028
Budget Round Initial Bill
Half Sheet Number 359 #1c
Description

This amendment authorizes a treasury loan for the implementation of Chapters 981 and 1093, 2026 Acts of Assembly that requires the Virginia Employment Commission to establish and administer a Paid Family and Medical Leave program with benefits beginning January 1, 2029. Funding for the program is provided through premiums assessed to employers and employees beginning in 2028. Start-up costs for the program are expected to be $116.5 million.

Funding Details
By Program Program Code Program Title FY 2026 FY 2027
By Fund Fund Code Fund Title FY 2026 FY 2027
Authorized Position Details
By Program Program Code Program Title FY 2026 FY 2027


p3_opview - Official Enacted Budget View Operating Bullet Details - 08-24-2026 04:33:53