The proposed bill amends the current paid family and medical leave program in Minnesota by making participation optional for both employers and employees. Specifically, it allows employers to opt out of the program by notifying the commissioner of employment and economic development, with the stipulation that they can only change their decision once every 12 months. Additionally, employees of employers who choose to opt out will still have the option to participate in the program as if they were self-employed individuals.

Furthermore, the bill grants employees the right to opt out of the program as well, requiring them to notify both their employer and the commissioner using a designated form. Similar to employers, employees can also change their participation status only once every 12 months. This legislation aims to provide flexibility in the paid family and medical leave program, allowing both parties to make decisions that best suit their needs.