FirstSB144_H_APP.001 RegularNOT SessionAMENDED Seventy-fifthHOUSE GeneralCOMMITTEE Assembly STATE OF COLORADOREFERENCE ENGROSSEDREPORT This_______________________________ VersionApril Includes24, All2025 AmendmentsChair Adoptedof onCommittee SecondDate ReadingCommittee inon theAppropriations House. of Introduction LLS NO.

25-0602.01After Reneeconsideration Leoneon x2695the SENATEmerits, BILLthe 25-144Committee SENATErecommends SPONSORSHIPthe Winterfollowing: F.

andSB25-144 Bridges,be HOUSEreferred SPONSORSHIPto Willfordthe andCommittee Zokaie,of Senatethe CommitteesWhole Housewith Committeesfavorable Business,recommendation. Labor, & Technology Appropriations A BILL FOR AN ACT C ONCERNING CHANGES TO THE "P AID FAMILY AND M EDICAL L EAVE INSURANCE ACT ".

Bill** Summary*** (Note:** *** **

This summary applies to this bill as introduced and does notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov.) With regard to the family and medical leave insurance program (program), section 1 of the bill extends the duration of paid family and medical leave, up to an additional 12 weeks, for a parent who has a child receiving inpatient care in a neonatal intensive care unit.

g Section2changesthepremiumsfinancingthepaymentofprogram d benefits by extending the current premium amount, 0.9% of wages per e 2 T R , A n 1 Shading denotes HOUSE amendment.

Double underlining denotes SENATE amendment.

E d h Capital letters or bold & italic numbers indicate new material to be added to existing law.

Dashes through the words or numbers indicate deletions from existing law.

e M A employee, through 2025 and setting the premium amount for the 2026 calendar year at 0.88% of wages per employee.

For each subsequent calendar year, the director of the division of family and medical leave insurance (director) in the department of labor and employment is requiredsetthepremiumonorbeforeNovember1of theprecedingyear.

The director is required to set the premium in a manner such that:

! At the end of the year, the balance of the family and medical leave insurance fund (fund) is not less than 6 months' worth of projected expenditures from the fund requiredforperformanceof the functions and duties of the director;

! The volatility of the premium rate is minimized;

and ! The premium amount does not exceed 1.2% of wages per employee.

Be it enacted by the General Assembly of the State of Colorado:

SECTION 1.

In Colorado Revised Statutes, 8-13.3-505, amend (1) as follows:

8-13.3-505.

Duration.

(1) The maximum number of weeks for which a covered individual may take paid family and medical leave and forwhichfamilyandmedicalleaveinsurancebenefitsarepayableforany purpose, or purposes in aggregate, under section 8-13.3-504 (2) in an applicationyearis12TWELVE weeks;except that benefits are payableup to:

(a) U P TOan additional four weeks to a covered individual with aserioushealthconditionrelatedtopregnancycomplicationsorchildbirth complications;AND (b) U P TO AN ADDITIONAL TWELVE WEEKS TO A COVERED INDIVIDUALWHOHASACHILDRECEIVINGINPATIENTCAREINANEONATAL INTENSIVE CARE UNIT FOR THE DURATION THAT THE CHILD IS RECEIVING CARE IN THE NEONATAL INTENSIVE CARE UNIT .

SECTION 2.

In Colorado Revised Statutes, 8-13.3-507, amend -2- 144 (3) as follows:

8-13.3-507.

Premiums - rules.

(3) (a) From January 1, 2023, through December 31, 2024025, the premium amount is nine-tenths of one percent of wages per employee.

(b) For the 2025 calendar year, and each calendar year thereafter, the director shall set the premium based on a percent of employee wages and at the rate necessary to obtain a total amount of premium contributionsequaltoonehundredthirty-fivepercentofthebenefitspaid during the immediately preceding calendar year plus an amount equal to onehundredpercentofthecostofadministrationof thepaymentofthose benefitsduringtheimmediatelyprecedingcalendaryear,lesstheamount of netassetsremaininginthefundasof December31of theimmediately preceding calendar yearOM JANUARY 1, 2026THROUGH DECEMBER 31,2026,THE PREMIUM AMOUNT IS EIGHTY-EIGHT HUNDREDTHS OF ONE PERCENT OF WAGES PER EMPLOYEE.

(c) FOR THE 2027 CALENDAR YEAR AND FOR EACH CALENDAR YEARTHEREAFTER ONORBEFORE SEPTEMBER 1 OFTHEPRECEDINGYEAR , THE DIRECTOR SHALL ADOPT BY RULE THE PREMIUM RATE FOR THE FOLLOWING CALENDAR YEAR .

HE DIRECTOR SHALL SET THE RATE IN A MANNER SUCH THAT :

(I) AT THE END OF THE CALENDAR YEAR DURING WHICH THE PREMIUM RATE IS EFFECTIV,THE BALANCE OF THE FUND IS AN AMOUNT NOT LESS THAN SIX MONTH'WORTH OFPROJECTED EXPENDITURES FROM THE FUND REQUIRED FOR THE PERFORMANCE OF THE FUNCTIONS AND DUTIES OF THE DIRECTO;

(II) TE VOLATILITY OF THE PREMIUM RATE IS MINIMI;AND (III) The premium shallOUNT DOES not exceed one and two -3- 144 tenths of a percent of wages per employee.

(d) ThedivisionshallprovidepublicnoticeinadvanceofJanuary first of any changes to the premium.

(e) PRIOR TO IMPLEMENTING ANY PREMIUM RATE ADJUSTMENTS, THEDEPARTMENTSHALLISSUEFULLREFUNDSTOEMPLOYERSTHATWERE OVERCHARGED PREMIUMS DUE TO MISCALCULATIONS OR PROGRAM ERRORS .

SECTION 3.

Act subject to petition - effective date - applicability.(1) Thisacttakeseffectat12:01a.m.onthedayfollowing the expiration of the ninety-day period after final adjournment of the general assembly;

except that, if a referendum petition is filed pursuant to section 1 (3) of article V of the state constitution against this act or an item, section, or part of this act within such period, then the act, item, section, or part will not take effect unless approved by the people at the general electiontobeheldinNovember2026and,insuch case, will take effect on the date of the official declaration of the vote thereon by the governor.

(2) This act applies to paid family and medical leave claimed on or after the applicable effective date of this act.

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