The bill establishes the Alaska Paid Family Leave Plan, which mandates the procurement of a family leave insurance plan by the commissioners of labor and workforce development and administration. This plan will provide wage replacement coverage for qualified state employees, enrolled employees of political subdivisions, and private employers who opt into the plan. The insurance plan must cover 100% of an employee's average weekly wage, up to $3,000 per week, and cannot impose a minimum duration for family leave. The bill also outlines eligibility criteria, enrollment processes, and the responsibilities of participating employers, including maintaining health insurance coverage during family leave.

Additionally, the bill amends existing laws to ensure that family leave can be taken for various reasons, including pregnancy, childbirth, adoption, and serious health conditions of the employee or their family members. It introduces a family leave insurance tax credit for employers who pay for family leave insurance coverage and establishes a purchasing pool for employees of smaller employers who do not offer equivalent benefits. The bill sets a timeline for the implementation of the family leave insurance plan, requiring it to be operational by January 1, 2027.

Statutes affected:
SB0010A, AM SB 10, introduced 01/10/2025: 23.10.700, 23.10.790, 23.10.720, 23.10.730, 23.10.710, 39.20.305, 39.20.500, 23.10.740, 21.09.210, 23.10.750, 23.10.760, 23.40.070, 23.40.260, 23.10.770, 43.20.075, 23.10.780