The "New Hampshire Family and Medical Leave Insurance Act" (HB 1761-FN) proposes the establishment of a publicly administered Family and Medical Leave Insurance (FMLI) program to enhance the existing paid family and medical leave framework. Key definitions are introduced, including "covered individual" and "family and medical leave insurance benefits," which outline eligibility criteria and the types of leave covered. Benefits will be available starting January 1, 2027, allowing for a maximum of 26 weeks of leave for personal health issues or the birth/care of a child, and 12 weeks for other qualifying family-related leaves. The bill mandates that benefits be payable from the start of the leave, with specific timelines for payment processing.

The bill also details the calculation of weekly benefits, stipulating a replacement of 90% of the average weekly wage for lower earners and 60% for those above a certain threshold, with a maximum benefit not exceeding the statewide average weekly wage. It includes provisions for job protection, employee rights, and employer responsibilities, such as providing written notice of benefits. Additionally, the bill establishes a nonlapsing family and medical leave insurance fund, outlines the administrative duties of the Insurance Department, and sets penalties for non-compliance. The fiscal impact suggests an annual expenditure of approximately $5.662 million starting in FY 2027, funded through contributions, while maintaining the existing paid family leave program. Overall, HB 1761-FN aims to provide comprehensive support for employees needing family and medical leave while ensuring a structured administrative and funding framework.