Texas Voluntary Paid Family Leave
Texas has passed HB 1996, which is a new voluntary law to support paid family leave insurance under Chapter 1255 called Group Family Leave Insurance.
The insurance commissioner may pass regulations to support this new statute.
Coverage Options: Voluntary fully insured paid family leave benefits will be available for insurance carriers to offer as a rider to a short-term disability policy or as a standalone policy.
Benefits:
Absence reasons: Family leave insurance may replace all or part of an employee’s income loss due to the following events:
Contributions: Voluntary offering. No mandatory payroll contributions to support a state program.
Key Dates:
May 25, 2023 – Governor signed
September 1, 2023 – statute effective date
As of April 08, 2024