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

